$425K
$75,439
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Try Picki for FREEConfidence
High
High
$445,000
Medium
$420,000
Low
$395,000
Confidence
Medium
Nestled in a serene Canadian locale, this charming home is perfect for first-time buyers, investors, or retirees seeking tranquility. Originally a three-bedroom house, it now boasts a double living area. The kitchen and dining room are spacious and well-maintained, featuring updated benchtops and cabinetry. The living area is inviting with natural light, gas heating, and a cozy gas log fireplace. Two generous bedrooms include one with built-in robes and new air conditioning. The bathroom has been refurbished and includes essential amenities. Outdoors, enjoy lush gardens, an undercover seating area, and a powered carport. Conveniently close to the CBD and surrounded by nature, this property offers comfort with potential business opportunities thanks to the promising zoning. A perfect retreat for families, first home buyers, and retirees.
Trusted by over 13k property buyers and counting...
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76.4%
$570K
4.3%
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Try Picki for FREE-$5,000
-$9,848
4.2%
Asking Price
$425,000
Estimated Purchase Price
$425,000
Stamp Duty
$20,570
Transfer Fee
$1,100
Conveyancing
$1,196
Deposit (10%)
$42,500
Reg. Mortgage
$129
LMI Premium
$9,395
Renovation Costs
-
Total Cash/Equity Required
$75,440
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$17,680
$25,164
Property Management
+7.7% PA
$1,361
$1,938
Rates
+3.0% PA
$1,877
$2,449
Water
+3.0% PA
$1,015
$1,324
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$11,177
$16,517
Interest Repayments
$25,245
$25,245
Net Cashflow Before Tax
-$14,068
-$8,728
Depreciation
-
-
Tax Offset
-$4,221
-$2,618
Net Cashflow After Tax
-$9,848
-$6,109
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$448,560
$810,890
Loan Balance
I.O
$382,500
$382,500
$66,060
$428,390
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2021 Population
Suburbs
Health Care and Social Assistance - 19.0%
Retail Trade - 12.0%
Education and Training - 11.0%
Manufacturing - 9.0%
Others - 49.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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projected
for 2025 to 2027
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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