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.
$600K
$96,651
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
$660,000
Medium
$620,000
Low
$580,000
Confidence
Medium
Experience the perfect blend of comfort and convenience in this cottage-style home in Caroline Springs. This immaculately presented property offers three spacious bedrooms with built-in robes, including a master suite with a private ensuite. The light-filled, open-plan kitchen features 900mm stainless steel appliances and plenty of storage. Enjoy seamless indoor-outdoor living with a pergola perfect for entertaining. Additional highlights include ducted heating, split system air conditioning, an alarm system, and an oversized single car garage with drive-thru access. Situated in The Grove estate, enjoy proximity to parks, schools, shopping centers, and public transport.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
79.4%
$660K
5.1%
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$65,000
-$9,001
4.9%
Asking Price
$600,000
Estimated Purchase Price
$555,000
Stamp Duty
$28,370
Transfer Fee
$1,404
Conveyancing
$1,196
Deposit (10%)
$55,500
Reg. Mortgage
$129
LMI Premium
$12,269
Renovation Costs
-
Total Cash/Equity Required
$99,418
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$27,040
$38,486
Property Management
+7.7% PA
$2,082
$2,963
Rates
+3.0% PA
$1,584
$2,067
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
$20,109
$29,196
Interest Repayments
$32,967
$32,967
Net Cashflow Before Tax
-$12,858
-$3,771
Depreciation
-
-
Tax Offset
-$3,857
-$1,131
Net Cashflow After Tax
-$9,001
-$2,640
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%
$662,160
$1,197,028
Loan Balance
I.O
$499,500
$499,500
$162,660
$697,528
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%
Education and Training - 14.0%
Construction - 11.0%
Health Care and Social Assistance - 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 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
