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$2.38M
$509,586
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$2,500,000
Medium
$2,300,000
Low
$2,100,000
Confidence
Medium
Cannington is an exquisite historical property spanning 3,501 sqm of charming English gardens, situated in the heart of Romsey. Originally built in 1900 and previously owned by the late cricketer Dean Jones, this home blends period elegance with modern comfort. It features handcrafted leadlight windows, ornate cornicing, and timber floors. The property boasts four large bedrooms, an open-plan entertaining area, a heated pool, and a lush garden with heritage oak trees. Located near Main Street, it offers proximity to Melbourne airport and the CBD.
Trusted by over 13k property buyers and counting...
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76.9%
$575K
4%
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Try Picki for FREE-$280,000
-$77,255
2.0%
Asking Price
$2,400,000
Estimated Purchase Price
$2,580,000
Stamp Duty
$147,700
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$258,000
Reg. Mortgage
$129
LMI Premium
$80,729
Renovation Costs
-
Total Cash/Equity Required
$491,920
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$52,000
$74,012
Property Management
+7.7% PA
$4,004
$5,699
Rates
+3.0% PA
$1,843
$2,405
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
$42,888
$61,648
Interest Repayments
$153,252
$153,252
Net Cashflow Before Tax
-$110,364
-$91,604
Depreciation
-
-
Tax Offset
-$33,109
-$27,481
Net Cashflow After Tax
-$77,255
-$64,122
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$2,456,400
$4,440,587
Loan Balance
I.O
$2,322,000
$2,322,000
$134,400
$2,118,587
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 - 12.0%
Retail Trade - 11.0%
Education and Training - 11.0%
Construction - 9.0%
Others - 57.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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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
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