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$1.75M
$298,898
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$2,100,000
Medium
$2,000,000
Low
$1,900,000
Confidence
Medium
This delightful single-level home merges 1940s charm with modern renovation, located near Ferndale Park. It features four bedrooms, landscaped gardens, and offers expansion potential on a 683sqm lot with two crossovers. The home includes a cozy living room, open-plan living/dining with a premium kitchen, and a northern deck for entertaining. Highlights feature ducted heating and cooling, double glazing, storage, pristine hardwood floors, and an automated double garage. Situated in Glen Iris, it's close to top schools, trails, and shopping areas.
Trusted by over 13k property buyers and counting...
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79.7%
$1.71M
3.6%
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Try Picki for FREE$425,000
-$28,862
4.0%
Asking Price
$1,750,000
Estimated Purchase Price
$1,575,000
Stamp Duty
$86,625
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$157,500
Reg. Mortgage
$129
LMI Premium
$49,282
Renovation Costs
-
Total Cash/Equity Required
$298,898
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$62,400
$88,815
Property Management
+7.7% PA
$4,805
$6,839
Rates
+3.0% PA
$2,006
$2,617
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
$52,324
$75,098
Interest Repayments
$93,555
$93,555
Net Cashflow Before Tax
-$41,231
-$18,457
Depreciation
-
-
Tax Offset
-$12,369
-$5,537
Net Cashflow After Tax
-$28,862
-$12,920
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$2,136,000
$3,861,380
Loan Balance
I.O
$1,417,500
$1,417,500
$718,500
$2,443,880
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2021 Population
Suburbs
Education and Training - 15.0%
Health Care and Social Assistance - 15.0%
Professional, Scientific and Technical Services - 14.0%
Retail Trade - 13.0%
Others - 43.0%
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
