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.
$390K
$76,362
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
$445,000
Medium
$420,000
Low
$395,000
Confidence
Medium
This charming 3-bedroom home sits on a corner block near the Midvale Shopping Complex and is accessible to multiple schools and Federation University. It features built-in robes in all bedrooms, a well-lit lounge, and a recently updated kitchen with a gas oven. The bathroom includes a separate bath and shower, while a separate laundry offers convenience. With gas central heating and split system cooling, the home guarantees comfort all year round. The private courtyard with lush gardens enhances the outdoor living experience, making it ideal for investors, first-time buyers, or those looking to downsize. Proximity to schools, cafes, and public transport adds to its appeal.
Trusted by over 13k property buyers and counting...
Try Picki for FREE1.6%
70.1%
$461K
5%
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-$5,000
-$8,504
4.7%
Asking Price
$410,000
Estimated Purchase Price
$425,000
Stamp Duty
$20,570
Transfer Fee
$1,100
Conveyancing
$1,196
Deposit (10%)
$42,500
Reg. Mortgage
$129
LMI Premium
$9,395
Renovation Costs
-
Total Cash/Equity Required
$75,440
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$19,760
$28,125
Property Management
+7.7% PA
$1,522
$2,166
Rates
+3.0% PA
$1,877
$2,449
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
$13,096
$19,250
Interest Repayments
$25,245
$25,245
Net Cashflow Before Tax
-$12,149
-$5,995
Depreciation
-
-
Tax Offset
-$3,645
-$1,799
Net Cashflow After Tax
-$8,504
-$4,197
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%
$448,560
$810,890
Loan Balance
I.O
$382,500
$382,500
$66,060
$428,390
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
Health Care and Social Assistance - 19.0%
Retail Trade - 12.0%
Education and Training - 11.0%
Manufacturing - 9.0%
Others - 49.0%
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
