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Withheld
$190,622
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,110,000
Medium
$1,030,000
Low
$950,000
Confidence
Medium
This property is a charming weatherboard family home situated on a spacious 620 sqm allotment. Located near Clayton's vibrant shopping strip, train station, Monash Medical Centre, and local parklands, it offers exceptional convenience. In its original condition, the home presents numerous opportunities for renovation, expansion, or redevelopment—subject to council approval. The potential for creating units or townhomes makes this an appealing prospect for ambitious buyers looking to leave their mark in this thriving community.
Trusted by over 13k property buyers and counting...
Try Picki for FREE3.1%
66.3%
$984K
3.5%
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Try Picki for FREE$15,000
-$25,550
3.1%
Asking Price
-
Estimated Purchase Price
$1,015,000
Stamp Duty
$55,825
Transfer Fee
$2,481
Conveyancing
$1,196
Deposit (10%)
$101,500
Reg. Mortgage
$129
LMI Premium
$28,941
Renovation Costs
-
Total Cash/Equity Required
$190,622
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+7.7% PA
$2,402
$3,419
Rates
+3.0% PA
$1,741
$2,272
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
$23,792
$34,456
Interest Repayments
$60,291
$60,291
Net Cashflow Before Tax
-$36,499
-$25,835
Depreciation
-
-
Tax Offset
-$10,950
-$7,750
Net Cashflow After Tax
-$25,550
-$18,084
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,100,040
$1,988,611
Loan Balance
I.O
$913,500
$913,500
$186,540
$1,075,111
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2021 Population
Suburbs
Manufacturing - 19.0%
Retail Trade - 13.0%
Health Care and Social Assistance - 8.0%
Construction - 8.0%
Others - 52.0%
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
