$530K
$94,806
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Try Picki for FREEConfidence
High
High
$550,000
Medium
$520,000
Low
$490,000
Confidence
Not applicable
Nestled in the vibrant neighborhood of Jacana, this inviting brick home offers a promising prospect for home buyers, investors, and developers. With three cozy bedrooms, a spacious family area, and a well-maintained kitchen, this house sits on a large parcel of land, inviting creative renovation. Polished floors, gas heating, and cooking stand out, while its proximity to the Broadmeadows Shopping Centre, schools, and public transport boosts convenience. This property presents a lucrative opportunity, also viable for redevelopment or extension, subject to council approval.
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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
Transport, Postal and Warehousing - 20.0%
Manufacturing - 16.0%
Retail Trade - 9.0%
Construction - 8.0%
Others - 47.0%
Average Income
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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
1.3%
59.8%
$547K
4.9%
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Try Picki for FREE-$10,000
-$25,710
-
Asking Price
$530,000
Estimated Purchase Price
$530,000
Stamp Duty
$26,870
Transfer Fee
$1,346
Conveyancing
$1,196
Deposit (10%)
$53,000
Reg. Mortgage
$129
LMI Premium
$11,716
Renovation Costs
-
Total Cash/Equity Required
$94,807
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,981
$2,585
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
-$5,246
-$6,845
Interest Repayments
$31,482
$31,482
Net Cashflow Before Tax
-$36,728
-$38,327
Depreciation
-
-
Tax Offset
-$11,018
-$11,498
Net Cashflow After Tax
-$25,710
-$26,829
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$555,360
$1,003,959
Loan Balance
I.O
$477,000
$477,000
$78,360
$526,959