$545K
$108,700
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Try Picki for FREEConfidence
High
High
$670,000
Medium
$630,000
Low
$590,000
Confidence
Medium
Seize the chance to enter the property market with this versatile home, perfect for first-time buyers or investors. Situated on a 442m2 lot, the property offers a functional layout featuring three bedrooms and a single bathroom. The kitchen boasts ample storage and gas-electric cooking. Enjoy the open plan living and meals area, complete with a gas heater, reverse cycle split system, and air conditioning. A covered side deck with a ramp, a single carport, and a garden storage shed add further convenience. Plus, the low-maintenance garden and ample onsite parking make it a practical choice. Located near schools, transport, and local amenities, this home is ready for your personal touch.
Trusted by over 13k property buyers and counting...
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71.2%
$640K
4%
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Try Picki for FREE-$30,000
-$12,585
4.3%
Asking Price
$630,000
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
$1,907
$2,488
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
$21,226
$30,824
Interest Repayments
$39,204
$39,204
Net Cashflow Before Tax
-$17,978
-$8,380
Depreciation
-
-
Tax Offset
-$5,393
-$2,514
Net Cashflow After Tax
-$12,585
-$5,866
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$672,840
$1,216,335
Loan Balance
I.O
$594,000
$594,000
$78,840
$622,335
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
Retail Trade - 12.0%
Education and Training - 12.0%
Manufacturing - 10.0%
Health Care and Social Assistance - 10.0%
Others - 56.0%
Average Income
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Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Disclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Average Population
projected
for 2025 to 2027
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Monthly % 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
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