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$1.38M
$261,347
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,550,000
Medium
$1,375,000
Low
$1,200,000
Confidence
Medium
Trusted by over 13k property buyers and counting...
Try Picki for FREELocation, 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
Health Care and Social Assistance - 12.0%
Retail Trade - 11.0%
Education and Training - 11.0%
Construction - 9.0%
Others - 57.0%
Average Income
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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
Below are some similar properties in the area you may be interested in.
0%
84%
$1.01M
3.2%
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-$38,910
2.5%
Asking Price
$1,375,000
Estimated Purchase Price
$1,375,000
Stamp Duty
$75,625
Transfer Fee
$3,323
Conveyancing
$1,196
Deposit (10%)
$137,500
Reg. Mortgage
$129
LMI Premium
$43,024
Renovation Costs
-
Total Cash/Equity Required
$261,347
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,800
$48,108
Property Management
+7.7% PA
$2,603
$3,704
Rates
+3.0% PA
$1,843
$2,405
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
$26,089
$37,739
Interest Repayments
$81,675
$81,675
Net Cashflow Before Tax
-$55,586
-$43,936
Depreciation
-
-
Tax Offset
-$16,676
-$13,181
Net Cashflow After Tax
-$38,910
-$30,755
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%
$1,468,500
$2,654,699
Loan Balance
I.O
$1,237,500
$1,237,500
$231,000
$1,417,199
