$1.65M
$274,551
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
High
High
$1,600,000
Medium
$1,400,000
Low
$1,200,000
Confidence
Medium
This secluded coastal retreat, nestled in a quiet Blairgowrie cul-de-sac, offers spacious accommodation with 4 bedrooms plus a studio with its own ensuite and breakfast bar, 2 living areas, and 3 bathrooms. The property embodies a modern design with polished concrete floors, expansive windows, and light tones, ensuring a bright and airy atmosphere. A private and serene setting encompasses the pool and outdoor areas, featuring a Coonara fireplace and multiple split systems for comfort. Additional amenities include a substantial lockup shed, double carport, and sealed driveway, all on an easy-care 778m2 allotment, impeccably located 200m from Ritchie Avenue and Jack Ritchie track. This versatile property is ideal for all seasons.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
86.9%
$1.37M
2.9%
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-$45,000
-$34,827
3.1%
Asking Price
$1,650,000
Estimated Purchase Price
$1,445,000
Stamp Duty
$79,475
Transfer Fee
$3,487
Conveyancing
$1,196
Deposit (10%)
$144,500
Reg. Mortgage
$129
LMI Premium
$45,215
Renovation Costs
-
Total Cash/Equity Required
$274,551
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$44,200
$62,910
Property Management
+7.7% PA
$3,403
$4,844
Rates
+3.0% PA
$1,452
$1,895
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
$36,080
$51,912
Interest Repayments
$85,833
$85,833
Net Cashflow Before Tax
-$49,753
-$33,921
Depreciation
-
-
Tax Offset
-$14,926
-$10,176
Net Cashflow After Tax
-$34,827
-$23,745
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%
$1,495,200
$2,702,966
Loan Balance
I.O
$1,300,500
$1,300,500
$194,700
$1,402,466
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
Retail Trade - 14.0%
Health Care and Social Assistance - 14.0%
Construction - 11.0%
Accommodation and Food Services - 10.0%
Others - 51.0%
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 2025 to 2027
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