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$724K
$108,374
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$720,000
Medium
$680,000
Low
$640,000
Confidence
Low
Welcome to 12 Park Road, a perfect sanctuary for a growing family. Featuring four spacious bedrooms and two inviting living areas, this home offers comfort and convenience. The sturdy brick exterior, complemented by a galvanized roof and aluminum windows, promises enduring quality. Situated on a substantial 991 square meter parcel of flat land, this property invites possibilities. Whether considering future development (subject to council approval) or enjoying leisurely family sports, the expansive backyard stands ready. Reach out to schedule your private viewing or join an upcoming open home.
Trusted by over 13k property buyers and counting...
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53.7%
$505K
5.1%
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Try Picki for FREE$45,000
-$14,993
3.7%
Asking Price
$724,000
Estimated Purchase Price
$635,000
Stamp Duty
$23,985
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$63,500
Reg. Mortgage
$152
LMI Premium
$18,106
Renovation Costs
-
Total Cash/Equity Required
$108,374
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+8.8% PA
$2,059
$2,931
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
$16,300
$23,797
Interest Repayments
$37,719
$37,719
Net Cashflow Before Tax
-$21,419
-$13,922
Depreciation
-
-
Tax Offset
-$6,426
-$4,177
Net Cashflow After Tax
-$14,993
-$9,745
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$726,240
$1,312,869
Loan Balance
I.O
$571,500
$571,500
$154,740
$741,369
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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...
Try Picki for FREEAverage Population
projected
for 2024 to 2026
Create a free account to access the tools and information you need to make the best property investment decisions.
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
