$655K
$123,014
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Try Picki for FREEConfidence
High
High
$655,000
Medium
$625,000
Low
$595,000
Confidence
Medium
This spacious property sits on a 4018m2 block in a highly desired area. The home features 4 bedrooms and 2 bathrooms, designed for comfort with an open plan kitchen and dining area, and a large second living room. The master bedroom includes an ensuite and walk-in robe, while other bedrooms have built-in robes and ceiling fans. The house is equipped with two fireplaces, two split systems, and ceiling fans throughout for year-round comfort. Outside, find ample vehicle storage with a two-car garage and multiple sheds, and enjoy an established outdoor area with large trees and a built-in BBQ in the undercover entertainment space.
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75.3%
$595K
4.8%
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Try Picki for FREE-$35,000
-$12,749
4.3%
Asking Price
$655,000
Estimated Purchase Price
$660,000
Stamp Duty
$34,670
Transfer Fee
$1,650
Conveyancing
$1,196
Deposit (10%)
$66,000
Reg. Mortgage
$129
LMI Premium
$18,819
Renovation Costs
-
Total Cash/Equity Required
$123,014
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
$2,142
$2,795
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
$20,991
$30,517
Interest Repayments
$39,204
$39,204
Net Cashflow Before Tax
-$18,213
-$8,687
Depreciation
-
-
Tax Offset
-$5,464
-$2,606
Net Cashflow After Tax
-$12,749
-$6,081
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$667,500
$1,206,681
Loan Balance
I.O
$594,000
$594,000
$73,500
$612,681
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 25.0%
Manufacturing - 9.0%
Health Care and Social Assistance - 9.0%
Accommodation and Food Services - 8.0%
Others - 49.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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projected
for 2024 to 2026
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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