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$330K
$46,272
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$350,000
Medium
$320,000
Low
$290,000
Confidence
Not Applicable
Discover the perfect opportunity to build a dream family home or investment properties on this expansive 1,193 sqm flat block. Nestled in a quiet cul-de-sac, this property offers a great family location with easy access to schools, parks, and public transport. Conveniently located just a few minutes' drive from MONA, Claremont Plaza, and only 20 minutes from Hobart CBD, it offers both tranquility and connectivity. The land is zoned as vacant residential with council rates approximately $720 per annum, providing significant potential for single or multiple dwellings.
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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
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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
12.6%
53.6%
$395K
6.2%
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Try Picki for FREE$30,000
-$15,587
-
Asking Price
$330,000
Estimated Purchase Price
$290,000
Stamp Duty
$9,535
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$29,000
Reg. Mortgage
$152
LMI Premium
$4,955
Renovation Costs
-
Total Cash/Equity Required
$46,273
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+8.8% PA
-
-
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
-$5,041
-$6,577
Interest Repayments
$17,226
$17,226
Net Cashflow Before Tax
-$22,267
-$23,803
Depreciation
-
-
Tax Offset
-$6,680
-$7,141
Net Cashflow After Tax
-$15,587
-$16,662
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$341,760
$617,821
Loan Balance
I.O
$261,000
$261,000
$80,760
$356,821
