$420K
$67,139
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Try Picki for FREEConfidence
High
High
$460,000
Medium
$435,000
Low
$410,000
Confidence
Medium
Located in a prime residential area, this impressive 3-4 bedroom brick veneer home is perfect for families and investors. Natural light fills the open-plan kitchen and family room, creating a comfortable environment. With modern amenities like electric cooking and split system air conditioning, the home ensures a pleasant living experience. The north-facing courtyard offers a great space to entertain outdoors, while the double carport and single lock-up garage provide ample parking. Positioned just 200 meters from P-12 College, this property balances convenience and a tranquil setting, ready to move in or rent out.
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0%
90.4%
$528K
5.4%
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Try Picki for FREE$45,000
-$5,640
5.6%
Asking Price
$420,000
Estimated Purchase Price
$390,000
Stamp Duty
$18,470
Transfer Fee
$1,018
Conveyancing
$1,196
Deposit (10%)
$39,000
Reg. Mortgage
$129
LMI Premium
$8,621
Renovation Costs
-
Total Cash/Equity Required
$68,984
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
$1,784
$2,328
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
$15,109
$22,104
Interest Repayments
$23,166
$23,166
Net Cashflow Before Tax
-$8,057
-$1,062
Depreciation
-
-
Tax Offset
-$2,417
-$319
Net Cashflow After Tax
-$5,640
-$744
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$464,580
$839,850
Loan Balance
I.O
$351,000
$351,000
$113,580
$488,850
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 - 15.0%
Manufacturing - 13.0%
Agriculture, Forestry and Fishing - 13.0%
Retail Trade - 12.0%
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
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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