$689K
$144,962
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Try Picki for FREEConfidence
High
High
$710,000
Medium
$680,000
Low
$650,000
Confidence
Medium
Nestled on a spacious 866m2 garden allotment, this charming home beautifully blends classic style with modern convenience. Conveniently located just four blocks from the shopping centre and a quick stroll to Mt Tarrangower bushlands reserve, the property offers a perfect balance of urban and natural living. The residence boasts two spacious double bedrooms with built-in robes and ensuite bathrooms. Double-glazed windows provide comfort and energy efficiency. The open-plan living area features engineered bamboo flooring and includes a large kitchen with a dishwasher and ample storage space. A reverse cycle air conditioner ensures year-round comfort. The rear dining area opens onto a paved patio and verandah, perfect for extending indoor living to the outdoors. The landscaped gardens, both front and rear, offer stunning views of Mt Tarrangower. Additional amenities include a carport and parking space. This property is ideal for living, weekending, or investing, with ample potential for further enhancement.
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86.3%
$860K
3.7%
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Try Picki for FREE-$95,000
-$21,554
2.8%
Asking Price
$689,000
Estimated Purchase Price
$775,000
Stamp Duty
$41,570
Transfer Fee
$1,919
Conveyancing
$1,196
Deposit (10%)
$77,500
Reg. Mortgage
$129
LMI Premium
$22,098
Renovation Costs
-
Total Cash/Equity Required
$144,962
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$21,840
$31,085
Property Management
+7.7% PA
$1,682
$2,394
Rates
+3.0% PA
$1,650
$2,153
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
$15,243
$22,279
Interest Repayments
$46,035
$46,035
Net Cashflow Before Tax
-$30,792
-$23,756
Depreciation
-
-
Tax Offset
-$9,238
-$7,127
Net Cashflow After Tax
-$21,554
-$16,629
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$726,240
$1,312,869
Loan Balance
I.O
$697,500
$697,500
$28,740
$615,369
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2021 Population
Suburbs
Manufacturing - 22.0%
Health Care and Social Assistance - 13.0%
Retail Trade - 10.0%
Public Administration and Safety - 9.0%
Others - 46.0%
Average Income
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Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Disclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Average Population
projected
for 2025 to 2027
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Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Monthly % 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