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$495K
$79,128
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Try Picki for FREEConfidence
High
High
$560,000
Medium
$520,000
Low
$480,000
Confidence
Medium
Located in the vibrant Westend, this spacious home presents an excellent opportunity for families or renovation enthusiasts. The property features a master bedroom with an ensuite, and three additional bedrooms with built-in robes. The kitchen comes equipped with electric cooking and a dishwasher, opening into a versatile second living or dining area. The home includes a generous L-shaped living and dining space, ducted heating, and evaporative cooling for year-round comfort. A bathroom with a separate shower and bath, as well as ample outdoor amenities such as a double garage, single carport, garden shed, and low-maintenance garden, complete the offering. Proximity to local amenities such as a bakery, butcher, corner store, schools, and kindergartens enhances its appeal.
Trusted by over 13k property buyers and counting...
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68.7%
$383K
6.3%
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Try Picki for FREE$25,000
-$5,597
5.8%
Asking Price
$520,000
Estimated Purchase Price
$495,000
Stamp Duty
$24,770
Transfer Fee
$1,264
Conveyancing
$1,196
Deposit (10%)
$49,500
Reg. Mortgage
$129
LMI Premium
$10,943
Renovation Costs
-
Total Cash/Equity Required
$88,351
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
$1,725
$2,251
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
$21,408
$31,061
Interest Repayments
$29,403
$29,403
Net Cashflow Before Tax
-$7,995
$1,658
Depreciation
-
-
Tax Offset
-$2,399
$498
Net Cashflow After Tax
-$5,597
$1,161
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$555,360
$1,003,959
Loan Balance
I.O
$445,500
$445,500
$109,860
$558,459
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
Health Care and Social Assistance - 19.0%
Retail Trade - 11.0%
Manufacturing - 10.0%
Education and Training - 8.0%
Others - 52.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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projected
for 2024 to 2026
Create a free account to access the tools and information you need to make the best property investment decisions.
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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