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$830K
$159,276
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$860,000
Medium
$820,000
Low
$780,000
Confidence
Medium
Discover this expansive family residence on Fairview Street, Mayfield. Set on a generous 831 m2 plot, the property offers an exquisite balance of space and prime location. It's a stone's throw from the city center and within walking distance to top West End schools. Enjoy incredible amenities with Henry Street shops and the Gippsland Regional Aquatic Centre nearby. Savor the alfresco lifestyle with a pool, spa, and a fully-equipped outdoor entertaining area. The home features an ensuite master suite with a balcony, a modern kitchen, and an upstairs rumpus room. Enrich your lifestyle with additional workshops, a pool hut, and a secure double garage.
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72.5%
$444K
284.1%
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Try Picki for FREE-$50,000
-$19,381
3.6%
Asking Price
$850,000
Estimated Purchase Price
$870,000
Stamp Duty
$47,270
Transfer Fee
$2,142
Conveyancing
$1,196
Deposit (10%)
$87,000
Reg. Mortgage
$129
LMI Premium
$24,807
Renovation Costs
-
Total Cash/Equity Required
$163,093
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+7.7% PA
$2,402
$3,419
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
$23,991
$34,716
Interest Repayments
$51,678
$51,678
Net Cashflow Before Tax
-$27,687
-$16,962
Depreciation
-
-
Tax Offset
-$8,306
-$5,089
Net Cashflow After Tax
-$19,381
-$11,873
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Year 1
Year 10
Property Value
6.8%
$875,760
$1,583,166
Loan Balance
I.O
$783,000
$783,000
$92,760
$800,166
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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
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Trusted by over 13,000 property buyers and counting...
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projected
for 2025 to 2027
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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
