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$615K
$120,151
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$655,000
Medium
$625,000
Low
$595,000
Confidence
Not Applicable
This spacious 4-bedroom home offers a harmonious blend of modern comfort and functional design. Featuring a study perfect for remote work, this house also boasts a main bedroom with a walk-in wardrobe and ensuite. With two living areas, central gas heating, and evaporative cooling, the property ensures year-round comfort. A double garage with rear roller door access and a generous yard with a covered entertaining area provide practicality and ample outdoor space. Located in the desirable Invermay Park, it is conveniently close to the Midlands Shopping Centre and Sports Club.
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84.9%
$703K
3.4%
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Try Picki for FREE$5,000
-$29,379
-
Asking Price
$669,000
Estimated Purchase Price
$620,000
Stamp Duty
$32,270
Transfer Fee
$1,557
Conveyancing
$1,196
Deposit (10%)
$62,000
Reg. Mortgage
$129
LMI Premium
$17,679
Renovation Costs
-
Total Cash/Equity Required
$115,379
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
$36,828
$36,828
Net Cashflow Before Tax
-$41,970
-$43,537
Depreciation
-
-
Tax Offset
-$12,591
-$13,061
Net Cashflow After Tax
-$29,379
-$30,476
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$667,500
$1,206,681
Loan Balance
I.O
$558,000
$558,000
$109,500
$648,681
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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
