The information provided is for general informational purposes only. While we strive for accuracy, we make no guarantees about the completeness or reliability of the content. Any reliance you place on this information is at your own risk, and we are not liable for any losses or damages arising from its use.
Additionally, our site may contain links to external websites, which we do not control. The inclusion of these links does not imply endorsement of their content. By using Picki, you accept this disclaimer and acknowledge that the information may not be suitable for all users.
© 2024 Picki. All rights reserved.
$475K
$89,273
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
High
High
$500,000
Medium
$475,000
Low
$450,000
Confidence
Medium
This solid and spacious family home is nestled in a family-friendly locale, conveniently close to schools, recreation reserves, and the Midvale Shopping Centre. Spanning approximately 858 square meters, the property boasts a wide entry hallway leading to a large, light-filled lounge, kitchen, and formal dining area. Featuring four well-sized bedrooms, the master bedroom enjoys bungalow-style privacy with an ensuite, walk-in robe, and storeroom. Additional amenities include a main bathroom, central heating, a double garage, and abundant open outdoor spaces for recreation. Enhancements further include electronic window security shutters, a dishwasher, a unique woodfire stove, and an attic with a pull-down ladder. This property provides an exceptional opportunity for families or investors to capitalize on the versatile space and growing location.
Trusted by over 13k property buyers and counting...
Try Picki for FREEBelow are some similar properties in the area you may be interested in.
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 - 19.0%
Retail Trade - 12.0%
Education and Training - 11.0%
Manufacturing - 9.0%
Others - 49.0%
Average Income
Create a free account to access the tools and information you need to make the best property investment decisions.
Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2024 to 2026
Create a free account to access the tools and information you need to make the best property investment decisions.
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
1.6%
70.1%
$461K
5%
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE-$20,000
-$9,063
4.7%
Asking Price
$475,000
Estimated Purchase Price
$495,000
Stamp Duty
$24,770
Transfer Fee
$1,264
Conveyancing
$1,196
Deposit (10%)
$49,500
Reg. Mortgage
$129
LMI Premium
$10,943
Renovation Costs
-
Total Cash/Equity Required
$88,351
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
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
$16,456
$24,032
Interest Repayments
$29,403
$29,403
Net Cashflow Before Tax
-$12,947
-$5,371
Depreciation
-
-
Tax Offset
-$3,884
-$1,611
Net Cashflow After Tax
-$9,063
-$3,760
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$507,300
$917,078
Loan Balance
I.O
$445,500
$445,500
$61,800
$471,578
