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$845K
$142,099
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Try Picki for FREEConfidence
High
High
$900,000
Medium
$820,000
Low
$740,000
Confidence
Medium
Experience the charm of classic architecture blended with modern comforts at 13 Gap Road in the heart of Riddells Creek. This late Edwardian 2-bedroom, 2-bathroom home, relocated in the mid-90s and recently updated, offers a warm and inviting ambiance. High ceilings, ornate cornices, and original features meet 21st-century design, with Spotted Gum flooring and a cozy carpeted lounge. The master bedroom boasts a walk-in robe and an ensuite, while the second bedroom offers flexibility with built-in robes and space for two beds. The kitchen, equipped with an ILVE stove and Bosch dishwasher, flows into a practical dining area. Enjoy outdoor living with a spacious alfresco deck and mature garden views. Additional amenities include a single carport, ducted heating, and a split system in the living area. Perfect for first-time buyers or downsizers, this property is a peaceful retreat designed for relaxation and entertainment.
Trusted by over 13k property buyers and counting...
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71.4%
$670K
4.1%
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Try Picki for FREE$60,000
-$20,058
3.1%
Asking Price
$820,000
Estimated Purchase Price
$760,000
Stamp Duty
$40,670
Transfer Fee
$1,884
Conveyancing
$1,196
Deposit (10%)
$76,000
Reg. Mortgage
$129
LMI Premium
$21,670
Renovation Costs
-
Total Cash/Equity Required
$142,099
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
$1,843
$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
$16,490
$24,076
Interest Repayments
$45,144
$45,144
Net Cashflow Before Tax
-$28,654
-$21,068
Depreciation
-
-
Tax Offset
-$8,596
-$6,320
Net Cashflow After Tax
-$20,058
-$14,747
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$875,760
$1,583,166
Loan Balance
I.O
$684,000
$684,000
$191,760
$899,166
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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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Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Disclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Average Population
projected
for 2025 to 2027
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Monthly % 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
