$399K
$72,673
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$495,000
Medium
$450,000
Low
$415,000
Confidence
Medium
Discover the charm of 180 Kay Street, a desirable property in Traralgon's prime locale. Ideal for first home buyers, this solid family home offers three spacious bedrooms, a functional kitchen, and a versatile sunroom. Enjoy the benefits of gas central heating and split system air conditioning. The large backyard is perfect for entertaining, with a deck and impressive 12m x 6m garage. With rental potential of $450 per week, this property also presents a lucrative investment opportunity.
Trusted by over 13k property buyers and counting...
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67.8%
$373K
5.3%
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Try Picki for FREE$20,000
-$7,133
5.1%
Asking Price
$425,000
Estimated Purchase Price
$430,000
Stamp Duty
$20,870
Transfer Fee
$1,112
Conveyancing
$1,196
Deposit (10%)
$43,000
Reg. Mortgage
$129
LMI Premium
$9,506
Renovation Costs
-
Total Cash/Equity Required
$76,362
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$21,840
$31,085
Property Management
+7.7% PA
$1,682
$2,394
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
$15,351
$22,420
Interest Repayments
$25,542
$25,542
Net Cashflow Before Tax
-$10,191
-$3,122
Depreciation
-
-
Tax Offset
-$3,057
-$937
Net Cashflow After Tax
-$7,133
-$2,186
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$480,600
$868,810
Loan Balance
I.O
$387,000
$387,000
$93,600
$481,810
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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
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2025 to 2027
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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