$450K
$86,506
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
High
-
Medium
-
Low
-
Confidence
Discover a charming home in Newborough that blends comfort and convenience. This property features large verandas, inviting interiors, and a bright family lounge. It offers three bedrooms with built-in robes, and a master with two large double robes. A separate bungalow with a basic kitchen setup is ideal for a teenager's retreat. Central heating and reverse cycle air conditioning provide year-round comfort. Enjoy outdoor entertaining with a built-in BBQ and low-maintenance yard. A large garage and a huge carport provide ample storage. Perfect for families seeking a cozy, practical living space.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
75.3%
$375K
5.3%
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE-$30,000
-$4,429
6.1%
Asking Price
$450,000
Estimated Purchase Price
$470,000
Stamp Duty
$23,270
Transfer Fee
$1,206
Conveyancing
$1,196
Deposit (10%)
$47,000
Reg. Mortgage
$129
LMI Premium
$10,390
Renovation Costs
-
Total Cash/Equity Required
$83,740
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
$1,542
$2,012
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
$21,591
$31,300
Interest Repayments
$27,918
$27,918
Net Cashflow Before Tax
-$6,327
$3,382
Depreciation
-
-
Tax Offset
-$1,898
$1,015
Net Cashflow After Tax
-$4,429
$2,368
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$469,920
$849,504
Loan Balance
I.O
$423,000
$423,000
$46,920
$426,504
Below are some similar properties in the area you may be interested in.
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 - 16.0%
Retail Trade - 12.0%
Public Administration and Safety - 9.0%
Education and Training - 8.0%
Others - 55.0%
Average Income
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 FREEAverage Population
projected
for 2025 to 2027
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