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$850K
$175,498
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Try Picki for FREEConfidence
High
High
$910,000
Medium
$870,000
Low
$830,000
Confidence
Medium
This enchanting residence blends classic charm with modern enhancements, creating a refined living experience with timeless elegance. Featuring three spacious bedrooms, a lounge with functional fireplace and chandelier, an outdoor entertainment area with a BBQ deck and spa, and a dine-in timber kitchen with premium appliances, this home is designed for easy, comfortable living. Its additional amenities include a professional office, heating and cooling systems, hardwood floors, and a secure gated entry. Located near Somerville Village and excellent schools, this is an ideal choice for families seeking convenience and style.
Trusted by over 13k property buyers and counting...
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69.8%
$715K
4.7%
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Try Picki for FREE-$100,000
-$23,476
3.2%
Asking Price
$900,000
Estimated Purchase Price
$970,000
Stamp Duty
$53,350
Transfer Fee
$2,376
Conveyancing
$1,196
Deposit (10%)
$97,000
Reg. Mortgage
$129
LMI Premium
$27,658
Renovation Costs
-
Total Cash/Equity Required
$182,258
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
$1,452
$1,895
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
$24,081
$34,833
Interest Repayments
$57,618
$57,618
Net Cashflow Before Tax
-$33,537
-$22,785
Depreciation
-
-
Tax Offset
-$10,061
-$6,835
Net Cashflow After Tax
-$23,476
-$15,949
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$929,160
$1,679,700
Loan Balance
I.O
$873,000
$873,000
$56,160
$806,700
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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 - 14.0%
Health Care and Social Assistance - 14.0%
Construction - 11.0%
Accommodation and Food Services - 10.0%
Others - 51.0%
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
