The information provided is for general informational purposes only. While we strive for accuracy, we make no guarantees about the completeness or reliability of the content. Any reliance you place on this information is at your own risk, and we are not liable for any losses or damages arising from its use.
Additionally, our site may contain links to external websites, which we do not control. The inclusion of these links does not imply endorsement of their content. By using Picki, you accept this disclaimer and acknowledge that the information may not be suitable for all users.
© 2024 Picki. All rights reserved.
$630K
$99,417
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
Medium
High
$655,000
Medium
$625,000
Low
$595,000
Confidence
Not Found
Experience luxurious modern living at 6 Parkmore Place, Invermay Park. This single-story brick home offers proximity to parks, schools, and shopping centers. Inside, three carpeted bedrooms include a master with an ensuite and walk-in robe. The open-plan layout connects a modern kitchen to an outdoor area with a pizza oven. Additional spaces include a study and a second living room. Natural light flows through the main living area with views of the large backyard. Additionally, there is a two-car garage, extra parking, and well-established gardens in a fully fenced, private setting.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
95.3%
$780K
131.6%
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE$30,000
-$28,340
-
Asking Price
$675,000
Estimated Purchase Price
$595,000
Stamp Duty
$30,770
Transfer Fee
$1,498
Conveyancing
$1,196
Deposit (10%)
$59,500
Reg. Mortgage
$129
LMI Premium
$16,966
Renovation Costs
-
Total Cash/Equity Required
$110,608
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$5,142
-$6,709
Interest Repayments
$35,343
$35,343
Net Cashflow Before Tax
-$40,485
-$42,052
Depreciation
-
-
Tax Offset
-$12,146
-$12,616
Net Cashflow After Tax
-$28,340
-$29,437
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$667,500
$1,206,681
Loan Balance
I.O
$535,500
$535,500
$132,000
$671,181
Below are some similar properties in the area you may be interested in.
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
Health Care and Social Assistance - 19.0%
Retail Trade - 12.0%
Education and Training - 11.0%
Manufacturing - 9.0%
Others - 49.0%
Average Income
Create a free account to access the tools and information you need to make the best property investment decisions.
Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2024 to 2026
Create a free account to access the tools and information you need to make the best property investment decisions.
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
