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$499K
$77,284
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$490,000
Medium
$465,000
Low
$440,000
Confidence
Medium
Discover a fantastic opportunity in this 3-bedroom home, nestled on a 514 sqm block. Just a 3-minute walk from Heathdale School and close to Woodgrove Shopping Centre and major transport links, it's only 45 minutes from Melbourne CBD. The master bedroom boasts a large ensuite and walk-in robe, while two additional bedrooms share a central bathroom. Enjoy a front lounge, open-plan kitchen with 900mm gas cooktop and electric oven, and a spacious veranda for outdoor entertaining. The property includes ducted heating, air conditioning, and security cameras, with a generous backyard and parking space.
Trusted by over 13k property buyers and counting...
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73.7%
$485K
4.5%
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Try Picki for FREE$30,000
-$7,371
5.0%
Asking Price
$469,000
Estimated Purchase Price
$435,000
Stamp Duty
$21,170
Transfer Fee
$1,124
Conveyancing
$1,196
Deposit (10%)
$43,500
Reg. Mortgage
$129
LMI Premium
$9,616
Renovation Costs
-
Total Cash/Equity Required
$77,284
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
$1,584
$2,067
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
$15,309
$22,365
Interest Repayments
$25,839
$25,839
Net Cashflow Before Tax
-$10,530
-$3,474
Depreciation
-
-
Tax Offset
-$3,159
-$1,042
Net Cashflow After Tax
-$7,371
-$2,432
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$496,620
$897,771
Loan Balance
I.O
$391,500
$391,500
$105,120
$506,271
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2021 Population
Suburbs
Retail Trade - 14.0%
Education and Training - 14.0%
Construction - 11.0%
Health Care and Social Assistance - 10.0%
Others - 51.0%
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
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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
