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$545K
$105,837
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Try Picki for FREEConfidence
Medium
High
$515,000
Medium
$495,000
Low
$475,000
Confidence
Not Found
Discover a charming brick veneer home in Invermay Park, set on a spacious 655m2 lot. This updated residence offers an inviting atmosphere with three bedrooms, featuring a master with an ensuite and walk-in robe. The spacious kitchen, equipped with a 900mm gas cooktop, electric oven, and dishwasher, serves as the heart of family gatherings. The home boasts a large main lounge, abundant natural light, and a study nook. Modern comforts include central heating and a split system. Outdoors, enjoy an alfresco area and expansive yard, perfect for families, alongside a two-car garage with a workshop. Close proximity to local schools, shops, and the CBD enhances convenience.
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88.4%
$511K
5.2%
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Try Picki for FREE$15,000
-$23,558
-
Asking Price
$545,000
Estimated Purchase Price
$480,000
Stamp Duty
$23,870
Transfer Fee
$1,229
Conveyancing
$1,196
Deposit (10%)
$48,000
Reg. Mortgage
$129
LMI Premium
$10,611
Renovation Costs
-
Total Cash/Equity Required
$85,584
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,877
$2,449
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
-$5,142
-$6,709
Interest Repayments
$28,512
$28,512
Net Cashflow Before Tax
-$33,654
-$35,221
Depreciation
-
-
Tax Offset
-$10,096
-$10,566
Net Cashflow After Tax
-$23,558
-$24,655
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$528,660
$955,692
Loan Balance
I.O
$432,000
$432,000
$96,660
$523,692
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2021 Population
Suburbs
Health Care and Social Assistance - 19.0%
Retail Trade - 12.0%
Education and Training - 11.0%
Manufacturing - 9.0%
Others - 49.0%
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
