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$1.05M
$188,763
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Try Picki for FREEConfidence
High
High
$1,000,000
Medium
$950,000
Low
$900,000
Confidence
Medium
Experience serene family living in this delightful Dromana home. With three bedrooms and an ensuite master, enjoy two living spaces that can flexibly convert into a fourth bedroom. Revel in seamless indoor-outdoor flow as the dining area transitions to a deck with stunning bay views. Enjoy a low-maintenance garden, stylish tiles, and year-round comfort with heating and cooling. A double lockup garage and extra parking add convenience. Located in a peaceful cul-de-sac, this home is near parks, Dromana Primary School, and offers easy access to Peninsula Link.
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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
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 FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Disclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Average Population
projected
for 2025 to 2027
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Monthly % 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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0%
76.6%
$995K
3.8%
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Try Picki for FREE-$65,000
-$26,355
2.9%
Asking Price
$1,050,000
Estimated Purchase Price
$1,015,000
Stamp Duty
$55,825
Transfer Fee
$2,481
Conveyancing
$1,196
Deposit (10%)
$101,500
Reg. Mortgage
$129
LMI Premium
$28,941
Renovation Costs
-
Total Cash/Equity Required
$190,622
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$29,640
$42,187
Property Management
+7.7% PA
$2,282
$3,248
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
$22,641
$32,784
Interest Repayments
$60,291
$60,291
Net Cashflow Before Tax
-$37,650
-$27,507
Depreciation
-
-
Tax Offset
-$11,295
-$8,252
Net Cashflow After Tax
-$26,355
-$19,255
Unlock the power of Picki
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,014,600
$1,834,155
Loan Balance
I.O
$913,500
$913,500
$101,100
$920,655
