$495K
$95,728
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Try Picki for FREEConfidence
High
High
$490,000
Medium
$465,000
Low
$440,000
Confidence
Medium
Discover a gem at 7 Childers Crescent, Newborough. This spacious 4-bedroom home seamlessly blends comfort and functionality. Enjoy a modern kitchen, a large lounge, and well-sized bedrooms, perfect for family living. Outside, find generous shedding ideal for storage or a workshop. A north-facing deck, secure yard, and a versatile garage with a man cave complete the package.
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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 - 16.0%
Retail Trade - 12.0%
Public Administration and Safety - 9.0%
Education and Training - 8.0%
Others - 55.0%
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
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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.
0%
70.5%
$341K
5.1%
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Try Picki for FREE-$45,000
-$6,716
5.5%
Asking Price
$495,000
Estimated Purchase Price
$525,000
Stamp Duty
$26,570
Transfer Fee
$1,334
Conveyancing
$1,196
Deposit (10%)
$52,500
Reg. Mortgage
$129
LMI Premium
$11,606
Renovation Costs
-
Total Cash/Equity Required
$93,884
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
$1,542
$2,012
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
$21,591
$31,300
Interest Repayments
$31,185
$31,185
Net Cashflow Before Tax
-$9,594
$115
Depreciation
-
-
Tax Offset
-$2,878
$35
Net Cashflow After Tax
-$6,716
$81
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$512,640
$926,731
Loan Balance
I.O
$472,500
$472,500
$40,140
$454,231