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$749K
$140,190
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Try Picki for FREEConfidence
High
High
$740,000
Medium
$710,000
Low
$680,000
Confidence
Medium
This charming period home from 1883, updated to blend history with modern chic, offers captivating street appeal. Nestled behind a classic picket fence, the home features high ceilings, decorative cornices, and timber plantation shutters. With a cozy kitchen and dining area that flows into the living space, it promises relaxation after a long day. The expansive 534m2 lot invites dreams of extending the living area or creating an alfresco entertaining oasis. Located near top amenities and schools, it provides an ideal setting for families and Melbourne commuters.
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Try Picki for FREELocation, 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 - 17.0%
Retail Trade - 14.0%
Education and Training - 11.0%
Accommodation and Food Services - 8.0%
Others - 50.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Disclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Average Population
projected
for 2025 to 2027
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Monthly % 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
Below are some similar properties in the area you may be interested in.
1.8%
55.7%
$820K
3.2%
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Try Picki for FREE-$40,000
-$17,122
3.6%
Asking Price
$749,000
Estimated Purchase Price
$750,000
Stamp Duty
$40,070
Transfer Fee
$1,861
Conveyancing
$1,196
Deposit (10%)
$75,000
Reg. Mortgage
$129
LMI Premium
$21,385
Renovation Costs
-
Total Cash/Equity Required
$140,190
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$27,040
$38,486
Property Management
+7.7% PA
$2,082
$2,963
Rates
+3.0% PA
$1,603
$2,092
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
$20,090
$29,171
Interest Repayments
$44,550
$44,550
Net Cashflow Before Tax
-$24,460
-$15,379
Depreciation
-
-
Tax Offset
-$7,338
-$4,614
Net Cashflow After Tax
-$17,122
-$10,765
Unlock the power of Picki
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$758,280
$1,370,790
Loan Balance
I.O
$675,000
$675,000
$83,280
$695,790
