$2.75M
$457,569
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Try Picki for FREEConfidence
High
High
$2,800,000
Medium
$2,600,000
Low
$2,400,000
Confidence
Medium
This luxurious property is a sanctuary of architectural brilliance, located moments from Mornington's Main Street. With a serene outdoor space, the home boasts multiple living areas across 1,230sqm. Offering a spacious master suite with a dressing room and ensuite, it features three additional bedrooms and a dedicated home office. The kitchen is equipped with Black Granite and Blackheart Sassafras benchtops and high-end Gaggenau appliances. The property also includes a soundproof artist studio and a dual lockup garage with workshop space.
Trusted by over 13k property buyers and counting...
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90.8%
$1.56M
3.7%
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Try Picki for FREE$55,000
-$68,806
2.5%
Asking Price
$2,750,000
Estimated Purchase Price
$2,545,000
Stamp Duty
$145,425
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$254,500
Reg. Mortgage
$129
LMI Premium
$79,634
Renovation Costs
-
Total Cash/Equity Required
$485,050
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$62,400
$88,815
Property Management
+7.7% PA
$4,805
$6,839
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
$52,878
$75,821
Interest Repayments
$151,173
$151,173
Net Cashflow Before Tax
-$98,295
-$75,352
Depreciation
-
-
Tax Offset
-$29,488
-$22,606
Net Cashflow After Tax
-$68,806
-$52,746
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$2,776,800
$5,019,794
Loan Balance
I.O
$2,290,500
$2,290,500
$486,300
$2,729,294
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
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...
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
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