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$1.25M
$205,490
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,300,000
Medium
$1,200,000
Low
$1,100,000
Confidence
Medium
Discover a beautifully renovated solid brick home in a prime central location. This four-bedroom home offers a seamless blend of classic charm and modern luxury, highlighted by polished Murray pine floorboards and a stunning kitchen with stone benchtops. A formal living area, large home office, and spacious lounge extend the home's generous layout. Enjoy year-round comfort with ducted air conditioning and a cozy wood heater. The outdoor space shines with a massive entertaining area, complete with an open fireplace. Situated on a 920m2 lot with a north-facing backyard, there's ample room for customization, including potential for a pool.
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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
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...
Try Picki for FREEAverage Population
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
0%
77.8%
$678K
3.7%
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Try Picki for FREE$105,000
-$30,545
2.6%
Asking Price
$1,250,000
Estimated Purchase Price
$1,095,000
Stamp Duty
$60,225
Transfer Fee
$2,668
Conveyancing
$1,196
Deposit (10%)
$109,500
Reg. Mortgage
$129
LMI Premium
$31,223
Renovation Costs
-
Total Cash/Equity Required
$205,490
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
$65,043
$65,043
Net Cashflow Before Tax
-$43,635
-$33,982
Depreciation
-
-
Tax Offset
-$13,091
-$10,194
Net Cashflow After Tax
-$30,545
-$23,787
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,281,600
$2,316,828
Loan Balance
I.O
$985,500
$985,500
$296,100
$1,331,328
