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$1.05M
$177,407
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,200,000
Medium
$1,120,000
Low
$1,040,000
Confidence
Medium
Discover a stunning, fully renovated home that seamlessly blends classic charm with modern elegance. Set on a 585m² allotment, this property features a spacious layout with three bedrooms, a luxurious master suite, and versatile additional room. The heart of the home is an open-plan living area with a modern chef's kitchen, complemented by an alfresco area for year-round entertaining. Gorgeous finishes include hardwood floors, ducted heating, and split-system air conditioning. Located in Belmont, this home connects you with local schools, shopping, and nature, offering a unique lifestyle opportunity.
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68%
$755K
3.4%
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Try Picki for FREE$55,000
-$29,212
2.7%
Asking Price
$1,150,000
Estimated Purchase Price
$1,065,000
Stamp Duty
$58,575
Transfer Fee
$2,598
Conveyancing
$1,196
Deposit (10%)
$106,500
Reg. Mortgage
$129
LMI Premium
$30,367
Renovation Costs
-
Total Cash/Equity Required
$199,914
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
$63,261
$63,261
Net Cashflow Before Tax
-$41,731
-$32,040
Depreciation
-
-
Tax Offset
-$12,519
-$9,612
Net Cashflow After Tax
-$29,212
-$22,428
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,196,160
$2,162,373
Loan Balance
I.O
$958,500
$958,500
$237,660
$1,203,873
Location, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
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...
Try Picki for FREEAverage Population
projected
for 2025 to 2027
Create a free account to access the tools and information you need to make the best property investment decisions.
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
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