$630K
$129,694
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Try Picki for FREEConfidence
High
High
$740,000
Medium
$680,000
Low
$620,000
Confidence
Medium
This three-bedroom brick home combines comfort and style, set in a quiet court close to town. Ideal for first home buyers, investors, or retirees, it features a formal lounge with gas heating, a modern kitchen with cathedral ceilings, and a large rumpus room with air conditioning and Coonara heating. The master bedroom has a full ensuite. Outdoor highlights include a pergola and spacious front yard suitable for a caravan or trailer. It offers convenient access to the Peninsula link, schools, shopping centers, and the train station, with a lease agreement until January 2025.
Trusted by over 13k property buyers and counting...
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79.8%
$699K
4.4%
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Try Picki for FREE$5,000
-$11,210
4.6%
Asking Price
$630,000
Estimated Purchase Price
$675,000
Stamp Duty
$35,570
Transfer Fee
$1,685
Conveyancing
$1,196
Deposit (10%)
$67,500
Reg. Mortgage
$129
LMI Premium
$19,247
Renovation Costs
-
Total Cash/Equity Required
$125,876
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+7.7% PA
$2,402
$3,419
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
$24,081
$34,833
Interest Repayments
$40,095
$40,095
Net Cashflow Before Tax
-$16,014
-$5,262
Depreciation
-
-
Tax Offset
-$4,804
-$1,578
Net Cashflow After Tax
-$11,210
-$3,683
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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
$607,500
$607,500
$118,740
$705,369
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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
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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