$550K
$85,584
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Try Picki for FREEConfidence
High
High
$640,000
Medium
$580,000
Low
$520,000
Confidence
Medium
Nestled in the sought-after Strathdale area, this impressive property shines with meticulous renovations. Freshly painted interiors, complemented by new blinds and carpet, enhance its charm. The home boasts a spacious lounge, three bedrooms featuring built-in robes, and a main bedroom with dual access to the three-piece bathroom. The kitchen-meals-living area is expansive and fully tiled, with abundant cupboard and bench space. Enjoy a striking undercover paved entertaining area, perfect for gatherings. Additional highlights include a single lock-up garage and side access with double gates to the substantial 710 sqm lot. Conveniently located near parks and amenities, this home suits first-home buyers, investors, and downsizers. Priced between $580,000 to $620,000, it promises to impress upon inspection.
Trusted by over 13k property buyers and counting...
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70.5%
$615K
3.7%
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Try Picki for FREE$70,000
-$9,570
4.6%
Asking Price
$580,000
Estimated Purchase Price
$510,000
Stamp Duty
$25,670
Transfer Fee
$1,299
Conveyancing
$1,196
Deposit (10%)
$51,000
Reg. Mortgage
$129
LMI Premium
$11,274
Renovation Costs
-
Total Cash/Equity Required
$91,118
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
Rates
+3.0% PA
$1,710
$2,231
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
$16,623
$24,250
Interest Repayments
$30,294
$30,294
Net Cashflow Before Tax
-$13,671
-$6,044
Depreciation
-
-
Tax Offset
-$4,101
-$1,813
Net Cashflow After Tax
-$9,570
-$4,231
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$619,440
$1,119,800
Loan Balance
I.O
$459,000
$459,000
$160,440
$660,800
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2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 12.0%
Education and Training - 9.0%
Manufacturing - 8.0%
Others - 53.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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projected
for 2024 to 2026
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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