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Withheld
$190,622
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Try Picki for FREEConfidence
High
High
$1,110,000
Medium
$1,030,000
Low
$950,000
Confidence
Medium
This beautifully renovated four-bedroom family home is nestled in a peaceful Mornington cul-de-sac on a spacious 757sqm. The modern, single-level home boasts stylish new bathrooms, plush carpets, and an updated kitchen. With a sandstone brick facade, the property combines elegance with practicality, offering up to three living areas and a study or fourth bedroom. Key features include a central kitchen with island bench, a north-facing open-plan living area, and seamless indoor-outdoor entertaining options. The family-friendly backyard is fully fenced, perfect for gardening or relaxing. Added comforts are central gas heating, solar energy, and a double garage. Conveniently situated near schools, shopping, and the beach, this home combines suburban tranquility with modern conveniences.
Trusted by over 13k property buyers and counting...
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86.3%
$1000K
4.5%
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Try Picki for FREE$30,000
-$16,324
4.4%
Asking Price
$1,050,000
Estimated Purchase Price
$1,000,000
Stamp Duty
$55,000
Transfer Fee
$2,446
Conveyancing
$1,196
Deposit (10%)
$100,000
Reg. Mortgage
$129
LMI Premium
$28,514
Renovation Costs
-
Total Cash/Equity Required
$187,834
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$44,200
$62,910
Property Management
+7.7% PA
$3,403
$4,844
Rates
+3.0% PA
$1,452
$1,895
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
$36,080
$51,912
Interest Repayments
$59,400
$59,400
Net Cashflow Before Tax
-$23,320
-$7,488
Depreciation
-
-
Tax Offset
-$6,996
-$2,246
Net Cashflow After Tax
-$16,324
-$5,242
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,100,040
$1,988,611
Loan Balance
I.O
$900,000
$900,000
$200,040
$1,088,611
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2021 Population
Suburbs
Retail Trade - 14.0%
Health Care and Social Assistance - 14.0%
Construction - 11.0%
Accommodation and Food Services - 10.0%
Others - 51.0%
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
