$930K
$196,197
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Try Picki for FREEConfidence
High
High
$1,230,000
Medium
$1,090,000
Low
$950,000
Confidence
Medium
This prestige mid-80s home, crafted for a respected local doctor, merges unique design and functional living spaces. The vast Master Bedroom offers a serene view of the swimming pool and boasts a Walk-In Robe and an ensuite with a potential feature wall view. Western Real Cedar highlights the cathedral ceiling in the expansive second lounge. The detailed architecture features a central private dining room, underfloor heating, and slate floors. Outdoors, the manicured gardens and pergola/rotunda enhance year-round entertainment. Advanced features include an upgraded switchboard for solar regulation and a diverse array of sheds and garages, including a self-contained living area. Priced at $930,000, it’s listed with sole agent Brian Howe.
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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 - 14.0%
Manufacturing - 11.0%
Agriculture, Forestry and Fishing - 10.0%
Retail Trade - 9.0%
Others - 56.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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projected
for 2024 to 2026
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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%
95.2%
$900K
2.9%
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Try Picki for FREE-$135,000
-$35,030
2.5%
Asking Price
$1,090,000
Estimated Purchase Price
$1,225,000
Stamp Duty
$67,375
Transfer Fee
$2,972
Conveyancing
$1,196
Deposit (10%)
$122,500
Reg. Mortgage
$129
LMI Premium
$38,331
Renovation Costs
-
Total Cash/Equity Required
$233,052
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$30,160
$42,927
Property Management
+7.7% PA
$2,322
$3,305
Rates
+3.0% PA
$1,850
$2,414
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
$22,723
$32,948
Interest Repayments
$72,765
$72,765
Net Cashflow Before Tax
-$50,042
-$39,817
Depreciation
-
-
Tax Offset
-$15,013
-$11,945
Net Cashflow After Tax
-$35,030
-$27,872
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,164,120
$2,104,452
Loan Balance
I.O
$1,102,500
$1,102,500
$61,620
$1,001,952