$300K
$42,345
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Try Picki for FREEConfidence
Medium
High
$300,000
Medium
$270,000
Low
$240,000
Confidence
Low
This spacious property in the desirable area of Rosetta offers 2888m2 of land, ideal for a dream home or subdivision development. The central location provides easy access to urban amenities and a tranquil environment. It's a rare opportunity to create a personalized living space with significant potential for outdoor entertainment or a private retreat.
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69.2%
$595K
4.9%
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Try Picki for FREE-$10,000
-$3,552
6.5%
Asking Price
$300,000
Estimated Purchase Price
$280,000
Stamp Duty
$9,135
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$28,000
Reg. Mortgage
$152
LMI Premium
$4,784
Renovation Costs
-
Total Cash/Equity Required
$44,702
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$18,200
$25,904
Property Management
+8.8% PA
$1,602
$2,280
Rates
+3.0% PA
$1,841
$2,402
Water
+3.0% PA
$950
$1,240
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$11,557
$17,047
Interest Repayments
$16,632
$16,632
Net Cashflow Before Tax
-$5,075
$415
Depreciation
-
-
Tax Offset
-$1,522
$125
Net Cashflow After Tax
-$3,552
$291
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$288,360
$521,286
Loan Balance
I.O
$252,000
$252,000
$36,360
$269,286
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2021 Population
Suburbs
Manufacturing - 14.0%
Retail Trade - 13.0%
Health Care and Social Assistance - 12.0%
Construction - 9.0%
Others - 52.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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projected
for 2024 to 2026
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEMonthly % Change in Median House Prices (Prev. Quarter)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price