$633K
$108,700
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Try Picki for FREEConfidence
High
High
$680,000
Medium
$650,000
Low
$620,000
Confidence
Medium
Discover Franklin, a home that combines charismatic design with everyday convenience. The property boasts an entertainer's kitchen equipped with a walk-in pantry, overlooking a spacious dining and family area. Bedrooms are strategically located away from living spaces, offering a tranquil retreat. A living room at the front, quick access to the laundry, and smart storage solutions enhance family life. Constructed with a Bluescope Steel house frame and a Colorbond roof, Franklin ensures durability with a 50-year structural guarantee. The property features modern European-styled windows and doors, energy efficiency, and bushfire compliance. Added amenities like evaporative cooling, NBN fiber package, and a well-finished driveway enhance comfort and connectivity.
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Try Picki for FREELocation, 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
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
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
Below are some similar properties in the area you may be interested in.
8.5%
73.9%
$510K
6.7%
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Try Picki for FREE$50,000
-$12,304
4.2%
Asking Price
$632,907
Estimated Purchase Price
$600,000
Stamp Duty
$31,070
Transfer Fee
$1,510
Conveyancing
$1,196
Deposit (10%)
$60,000
Reg. Mortgage
$129
LMI Premium
$17,108
Renovation Costs
-
Total Cash/Equity Required
$111,562
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$24,960
$35,526
Property Management
+7.7% PA
$1,922
$2,735
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
$18,063
$26,299
Interest Repayments
$35,640
$35,640
Net Cashflow Before Tax
-$17,577
-$9,341
Depreciation
-
-
Tax Offset
-$5,273
-$2,802
Net Cashflow After Tax
-$12,304
-$6,539
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$694,200
$1,254,948
Loan Balance
I.O
$540,000
$540,000
$154,200
$714,948