The information provided is for general informational purposes only. While we strive for accuracy, we make no guarantees about the completeness or reliability of the content. Any reliance you place on this information is at your own risk, and we are not liable for any losses or damages arising from its use.
Additionally, our site may contain links to external websites, which we do not control. The inclusion of these links does not imply endorsement of their content. By using Picki, you accept this disclaimer and acknowledge that the information may not be suitable for all users.
© 2024 Picki. All rights reserved.
$595K
$110,608
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
High
High
$660,000
Medium
$640,000
Low
$620,000
Confidence
Medium
73 High Street, Marong is a charming family home filled with warmth. As you enter, a spacious living room welcomes you with abundant natural light and neutral tones. The open-plan design connects the living, dining, and modern kitchen, which boasts sleek white cabinetry and stainless steel appliances. The master bedroom offers a peaceful retreat with a walk-in robe and ensuite. Two additional bedrooms provide ample storage. The stylish family bathroom and large internal laundry enhance functionality. Outside, a private, fully fenced yard with a shed and lush garden offers great space for entertaining and relaxation.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
86.2%
$640K
4.1%
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE-
-$14,975
3.7%
Asking Price
$640,000
Estimated Purchase Price
$640,000
Stamp Duty
$33,470
Transfer Fee
$1,603
Conveyancing
$1,196
Deposit (10%)
$64,000
Reg. Mortgage
$129
LMI Premium
$18,249
Renovation Costs
-
Total Cash/Equity Required
$119,197
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
Rates
+3.0% PA
$1,710
$2,231
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
$16,623
$24,250
Interest Repayments
$38,016
$38,016
Net Cashflow Before Tax
-$21,393
-$13,766
Depreciation
-
-
Tax Offset
-$6,418
-$4,130
Net Cashflow After Tax
-$14,975
-$9,636
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$683,520
$1,235,642
Loan Balance
I.O
$576,000
$576,000
$107,520
$659,642
Below are some similar properties in the area you may be interested in.
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 - 18.0%
Retail Trade - 12.0%
Education and Training - 9.0%
Manufacturing - 8.0%
Others - 53.0%
Average Income
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 FREEAverage Population
projected
for 2024 to 2026
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
