$875K
$147,825
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Try Picki for FREEConfidence
High
High
$1,000,000
Medium
$925,000
Low
$850,000
Confidence
Medium
This substantial family home in Belmont features four bedrooms, including a master bedroom at the front and additional ones at the rear. It offers two living zones, a double garage, and two bathrooms. The 668sqm block presents a large kitchen and living area that extends to an alfresco zone and spacious backyard. The tiered yard provides space for gardens, play, and possibly a pool. Equipped with a PV solar system, the home stands in a quiet location yet close to High Street shops and major roads, making it both convenient and practical.
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73.4%
$612K
4.1%
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Try Picki for FREE$70,000
-$20,480
3.4%
Asking Price
$925,000
Estimated Purchase Price
$855,000
Stamp Duty
$46,370
Transfer Fee
$2,106
Conveyancing
$1,196
Deposit (10%)
$85,500
Reg. Mortgage
$129
LMI Premium
$24,379
Renovation Costs
-
Total Cash/Equity Required
$160,230
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
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
$21,530
$31,221
Interest Repayments
$50,787
$50,787
Net Cashflow Before Tax
-$29,257
-$19,566
Depreciation
-
-
Tax Offset
-$8,777
-$5,870
Net Cashflow After Tax
-$20,480
-$13,696
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$987,900
$1,785,888
Loan Balance
I.O
$769,500
$769,500
$218,400
$1,016,388
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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...
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projected
for 2025 to 2027
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Average Rental Yield
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price