$560K
$93,884
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Try Picki for FREEConfidence
High
High
$580,000
Medium
$560,000
Low
$540,000
Confidence
Medium
Discover a spacious two-bedroom home on a 620m² corner allotment, perfect for diverse buyers such as first-timers, investors, downsizers, and developers (STCA). The home boasts a neat interior with a main lounge that connects seamlessly to the kitchen and meals area. Enjoy a well-equipped kitchen with freestanding gas cooking and ample storage. Both bedrooms feature built-in robes and the house includes a large bathroom and separate laundry. Benefit from a single lockup garage with internal access and low-maintenance gardens. Ideally situated near High Street’s cafes, shops, Foreshore Reserve, local schools, and public transport.
Trusted by over 13k property buyers and counting...
Try Picki for FREE25.6%
39.1%
$550K
4.3%
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Try Picki for FREE$20,000
-$10,972
4.2%
Asking Price
$560,000
Estimated Purchase Price
$540,000
Stamp Duty
$27,470
Transfer Fee
$1,369
Conveyancing
$1,196
Deposit (10%)
$54,000
Reg. Mortgage
$129
LMI Premium
$11,937
Renovation Costs
-
Total Cash/Equity Required
$96,651
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$22,880
$32,565
Property Management
+7.7% PA
$1,762
$2,508
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
$16,401
$23,903
Interest Repayments
$32,076
$32,076
Net Cashflow Before Tax
-$15,675
-$8,173
Depreciation
-
-
Tax Offset
-$4,702
-$2,452
Net Cashflow After Tax
-$10,972
-$5,721
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$598,080
$1,081,186
Loan Balance
I.O
$486,000
$486,000
$112,080
$595,186
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...
Try Picki for FREEAverage Population
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
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