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$660K
$115,214
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Try Picki for FREEConfidence
High
High
$620,000
Medium
$580,000
Low
$540,000
Confidence
Medium
This property offers functionality and comfort with a spacious gallery kitchen and a large walk-in pantry for ample storage. It features a quiet study at the front, providing a dedicated workspace, and three generously sized bedrooms ideal for growth. Notably, it includes a boardwalk façade and energy-efficient double glazing. With a Daikin reverse cycle heat pump and a 6-star energy rating, this home promises efficiency and modern conveniences. However, prospective buyers must verify details on site cost allowances and other promotions.
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75.4%
$713K
2.9%
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Try Picki for FREE-$60,000
-$12,586
4.2%
Asking Price
$626,000
Estimated Purchase Price
$640,000
Stamp Duty
$24,198
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$64,000
Reg. Mortgage
$152
LMI Premium
$18,249
Renovation Costs
-
Total Cash/Equity Required
$109,229
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$27,040
$38,486
Property Management
+8.8% PA
$2,380
$3,387
Rates
+3.0% PA
$1,425
$1,859
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
$20,035
$29,065
Interest Repayments
$38,016
$38,016
Net Cashflow Before Tax
-$17,981
-$8,951
Depreciation
-
-
Tax Offset
-$5,394
-$2,685
Net Cashflow After Tax
-$12,586
-$6,266
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Year 1
Year 10
Property Value
6.8%
$619,440
$1,119,800
Loan Balance
I.O
$576,000
$576,000
$43,440
$543,800
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2021 Population
Suburbs
Manufacturing - 16.0%
Health Care and Social Assistance - 13.0%
Retail Trade - 11.0%
Agriculture, Forestry and Fishing - 11.0%
Others - 49.0%
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
