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$475K
$85,584
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Try Picki for FREEConfidence
High
High
$500,000
Medium
$475,000
Low
$450,000
Confidence
Medium
This spacious 4-bedroom home is located in a prime area near schools and sports facilities. It features built-in robes in all bedrooms, an open living area with a gas stove kitchen and split system air conditioning. The property includes energy-saving solar panels, a carport, and a large shed with potbelly. Currently leased until December at $420 per week, this home is ideal for families seeking comfort and convenience.
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2021 Population
Suburbs
Health Care and Social Assistance - 16.0%
Retail Trade - 12.0%
Public Administration and Safety - 9.0%
Education and Training - 8.0%
Others - 55.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
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
0%
77%
$433K
4.7%
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Try Picki for FREE-$25,000
-$5,676
5.7%
Asking Price
$499,000
Estimated Purchase Price
$500,000
Stamp Duty
$25,070
Transfer Fee
$1,276
Conveyancing
$1,196
Deposit (10%)
$50,000
Reg. Mortgage
$129
LMI Premium
$11,053
Renovation Costs
-
Total Cash/Equity Required
$89,273
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
Rates
+3.0% PA
$1,542
$2,012
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
$21,591
$31,300
Interest Repayments
$29,700
$29,700
Net Cashflow Before Tax
-$8,109
$1,600
Depreciation
-
-
Tax Offset
-$2,433
$480
Net Cashflow After Tax
-$5,676
$1,120
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$507,300
$917,078
Loan Balance
I.O
$450,000
$450,000
$57,300
$467,078
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