$595K
$110,608
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Try Picki for FREEConfidence
High
High
$640,000
Medium
$595,000
Low
$550,000
Confidence
Medium
This neat and well-maintained home combines comfort and modern living, situated conveniently near schools and a health precinct. The home boasts a spacious, modernised kitchen with contemporary finishes and a dishwasher. Year-round comfort is ensured with reverse cycle air conditioning and ducted heating. Solar panels enhance eco-friendliness and reduce energy costs. All bedrooms include built-in robes for ample storage, making this a convenient choice for modern living.
Trusted by over 13k property buyers and counting...
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73.9%
$740K
4.1%
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-$10,845
4.5%
Asking Price
$595,000
Estimated Purchase Price
$595,000
Stamp Duty
$30,770
Transfer Fee
$1,498
Conveyancing
$1,196
Deposit (10%)
$59,500
Reg. Mortgage
$129
LMI Premium
$16,966
Renovation Costs
-
Total Cash/Equity Required
$110,608
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$27,040
$38,486
Property Management
+7.7% PA
$2,082
$2,963
Rates
+3.0% PA
$1,843
$2,405
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
$19,850
$28,858
Interest Repayments
$35,343
$35,343
Net Cashflow Before Tax
-$15,493
-$6,485
Depreciation
-
-
Tax Offset
-$4,648
-$1,945
Net Cashflow After Tax
-$10,845
-$4,539
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$635,460
$1,148,760
Loan Balance
I.O
$535,500
$535,500
$99,960
$613,260
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 - 12.0%
Retail Trade - 11.0%
Education and Training - 11.0%
Construction - 9.0%
Others - 57.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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projected
for 2025 to 2027
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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
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