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$370K
$58,839
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Try Picki for FREEConfidence
High
High
$440,000
Medium
$410,000
Low
$380,000
Confidence
Medium
This updated home, just five minutes from the CBD, combines modern style with convenience. It offers a spacious interior and a generous backyard, featuring versatile shedding. Perfect for a range of buyers, it includes a bright lounge, dining area, undercover patio, a modern kitchen with stone benchtops, renovated bathroom, three bedrooms with built-ins, and timber floorboards. Outdoor amenities enhance its appeal.
Trusted by over 13k property buyers and counting...
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
Health Care and Social Assistance - 18.0%
Retail Trade - 12.0%
Education and Training - 9.0%
Manufacturing - 8.0%
Others - 53.0%
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
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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
Below are some similar properties in the area you may be interested in.
38.6%
36.8%
$365K
5.8%
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Try Picki for FREE$70,000
-$3,509
6.4%
Asking Price
$370,000
Estimated Purchase Price
$340,000
Stamp Duty
$15,470
Transfer Fee
$901
Conveyancing
$1,196
Deposit (10%)
$34,000
Reg. Mortgage
$129
LMI Premium
$7,516
Renovation Costs
-
Total Cash/Equity Required
$59,762
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$21,840
$31,085
Property Management
+7.7% PA
$1,682
$2,394
Rates
+3.0% PA
$1,710
$2,231
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
$15,183
$22,200
Interest Repayments
$20,196
$20,196
Net Cashflow Before Tax
-$5,013
$2,004
Depreciation
-
-
Tax Offset
-$1,504
$601
Net Cashflow After Tax
-$3,509
$1,403
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$437,880
$791,583
Loan Balance
I.O
$306,000
$306,000
$131,880
$485,583
