$649K
$126,831
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
High
High
$680,000
Medium
$650,000
Low
$620,000
Confidence
Medium
Set in a picturesque, tranquil neighborhood, 14 Mansfield Avenue, Mount Clear, offers a blend of space and sophistication. This home stands out with its well-manicured lawns, elegant interior, and a fully renovated kitchen that will inspire any home cook. The main suite is a private retreat, complemented by additional versatile rooms and an inviting outdoor deck with a spa. With functional features like a large garage, central heating, and cooling, this property ensures comfort and convenience. It’s an ideal haven for modern living in a serene setting.
Trusted by over 13k property buyers and counting...
Try Picki for FREE2.6%
67.7%
$445K
5.8%
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE-$15,000
-$16,131
3.5%
Asking Price
$649,000
Estimated Purchase Price
$665,000
Stamp Duty
$34,970
Transfer Fee
$1,662
Conveyancing
$1,196
Deposit (10%)
$66,500
Reg. Mortgage
$129
LMI Premium
$18,962
Renovation Costs
-
Total Cash/Equity Required
$123,968
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
Rates
+3.0% PA
$1,877
$2,449
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
$16,456
$24,032
Interest Repayments
$39,501
$39,501
Net Cashflow Before Tax
-$23,045
-$15,469
Depreciation
-
-
Tax Offset
-$6,913
-$4,641
Net Cashflow After Tax
-$16,131
-$10,828
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$694,200
$1,254,948
Loan Balance
I.O
$598,500
$598,500
$95,700
$656,448
Below are some similar properties in the area you may be interested in.
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 - 19.0%
Retail Trade - 12.0%
Education and Training - 11.0%
Manufacturing - 9.0%
Others - 49.0%
Average Income
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 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