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$700K
$130,648
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$770,000
Medium
$725,000
Low
$680,000
Confidence
Medium
This welcoming family residence in the sought-after Burnside location offers a harmonious blend of space, style, and convenience. With four spacious bedrooms, including a luxurious master suite, two modern bathrooms, and two versatile living areas, the home caters perfectly to family needs. The double lock-up garage and additional side access accommodate vehicles and adventure gear, while the expansive undercover pergola provides a prime setting for entertaining. The bonus workshop space adds further versatility. Proximity to the Burnside Hub ensures easy access to shopping and dining, while families benefit from nearby reputable schools and childcare centers. With parks and Kororoit Creek at hand, along with quick routes to key transport links, this property offers lifestyle and accessibility in equal measure.
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79.4%
$700K
4.1%
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Try Picki for FREE$30,000
-$13,814
4.1%
Asking Price
-
Estimated Purchase Price
$695,000
Stamp Duty
$36,770
Transfer Fee
$1,732
Conveyancing
$1,196
Deposit (10%)
$69,500
Reg. Mortgage
$129
LMI Premium
$19,817
Renovation Costs
-
Total Cash/Equity Required
$129,694
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
$1,584
$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
$21,549
$31,245
Interest Repayments
$41,283
$41,283
Net Cashflow Before Tax
-$19,734
-$10,038
Depreciation
-
-
Tax Offset
-$5,920
-$3,011
Net Cashflow After Tax
-$13,814
-$7,026
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$774,300
$1,399,750
Loan Balance
I.O
$625,500
$625,500
$148,800
$774,250
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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...
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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
