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$299K
$49,414
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Try Picki for FREEConfidence
Medium
High
$358,000
Medium
$299,000
Low
$240,000
Confidence
Not Applicable
This is a unique opportunity to own a 579m2 almost-level block in a new development area. The property benefits from full-day sunshine and stunning water views in the Northern Suburbs. Located just 20 minutes from Hobart CBD and a short drive to Glenorchy and Claremont's shopping precincts, amenities such as schools, shops, and public transport are easily accessible. Services are available on-site, making it ready for construction. Priced to sell quickly, all measurements are approximate, and independent verification is recommended.
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80.6%
$585K
4.9%
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Try Picki for FREE-$10,000
-$16,419
-
Asking Price
$299,000
Estimated Purchase Price
$310,000
Stamp Duty
$10,335
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$31,000
Reg. Mortgage
$152
LMI Premium
$5,297
Renovation Costs
-
Total Cash/Equity Required
$49,414
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
$18,414
$18,414
Net Cashflow Before Tax
-$23,455
-$24,991
Depreciation
-
-
Tax Offset
-$7,037
-$7,497
Net Cashflow After Tax
-$16,419
-$17,494
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Year 1
Year 10
Property Value
6.8%
$320,400
$579,207
Loan Balance
I.O
$279,000
$279,000
$41,400
$300,207
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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
