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$350K
$68,061
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$380,000
Medium
$359,999
Low
$340,000
Confidence
Medium
This 1-bedroom villa unit in a prime location offers a low-maintenance lifestyle packed with convenience. Filled with natural light and stylish design, it boasts a recently renovated kitchen with stainless steel appliances and a functional bathroom/laundry combo. Outside, find a private courtyard and extra storage shed. A back gate provides direct access to Gladstone Park Shopping Centre, enhancing its appeal. Note: Residents must be 50+ years old.
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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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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
3%
58%
-
-
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Try Picki for FREE-$25,000
-$8,929
4.3%
Asking Price
$359,999
Estimated Purchase Price
$385,000
Stamp Duty
$18,170
Transfer Fee
$1,007
Conveyancing
$1,196
Deposit (10%)
$38,500
Reg. Mortgage
$129
LMI Premium
$8,511
Renovation Costs
-
Total Cash/Equity Required
$68,062
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$16,640
$23,684
Property Management
+7.7% PA
$1,281
$1,824
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
$10,113
$15,015
Interest Repayments
$22,869
$22,869
Net Cashflow Before Tax
-$12,756
-$7,854
Depreciation
-
-
Tax Offset
-$3,827
-$2,356
Net Cashflow After Tax
-$8,929
-$5,498
Unlock the power of Picki
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$384,480
$695,048
Loan Balance
I.O
$346,500
$346,500
$37,980
$348,548
