$405K
$72,673
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
$460,000
Medium
$420,000
Low
$380,000
Confidence
Medium
Situated in Traralgon's desirable West End, 12 Pollock Avenue is perfect for families, first-time buyers, or investors seeking space and convenience. This classic weatherboard home on a 759m² block offers roomy interiors and a large backyard. It features three bedrooms with new carpets, a practical bathroom, a large open-plan living area, and a well-equipped kitchen. Year-round comfort is ensured with split system air conditioning. The backyard is secure and includes a powered shed. Currently leased at $330 per week until December 2025, this property is close to schools, parks, and amenities.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
67.8%
$373K
5.3%
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$10,000
-$5,966
5.5%
Asking Price
$405,000
Estimated Purchase Price
$410,000
Stamp Duty
$19,670
Transfer Fee
$1,065
Conveyancing
$1,196
Deposit (10%)
$41,000
Reg. Mortgage
$129
LMI Premium
$9,064
Renovation Costs
-
Total Cash/Equity Required
$72,673
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$22,360
$31,825
Property Management
+7.7% PA
$1,722
$2,451
Rates
+3.0% PA
$1,542
$2,012
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
$15,831
$23,103
Interest Repayments
$24,354
$24,354
Net Cashflow Before Tax
-$8,523
-$1,251
Depreciation
-
-
Tax Offset
-$2,557
-$375
Net Cashflow After Tax
-$5,966
-$876
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
$369,000
$369,000
$79,560
$441,890
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 - 16.0%
Retail Trade - 12.0%
Public Administration and Safety - 9.0%
Education and Training - 8.0%
Others - 55.0%
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 2025 to 2027
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