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$265K
$43,916
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Try Picki for FREEConfidence
Medium
High
$290,000
Medium
$265,000
Low
$240,000
Confidence
Low
Discover 29 Nathan Street, a 661m2 block in vibrant Berriedale. Services are ready for connection on this partially fenced, cleared land. Located near the Derwent River with stunning views, it's a stone's throw from MONA Museum. Approved plans, bushfire data, and soil tests are ready upon request. Enjoy easy access to Glenorchy's amenities with a 5-minute drive to a shopping center and 15 minutes to Hobart CBD. Perfect for active lifestyles with nearby cycleways and scenic walks.
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Location, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
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
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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
1.7%
80%
$550K
5.2%
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Try Picki for FREE-$10,000
-$3,344
6.6%
Asking Price
$265,000
Estimated Purchase Price
$275,000
Stamp Duty
$8,935
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$27,500
Reg. Mortgage
$152
LMI Premium
$4,699
Renovation Costs
-
Total Cash/Equity Required
$43,916
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
$16,335
$16,335
Net Cashflow Before Tax
-$4,778
$712
Depreciation
-
-
Tax Offset
-$1,433
$214
Net Cashflow After Tax
-$3,344
$499
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$283,020
$511,633
Loan Balance
I.O
$247,500
$247,500
$35,520
$264,133
