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$899K
$151,642
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$825,000
Medium
$795,000
Low
$765,000
Confidence
Medium
Discover the luxurious living at 1 Milburn Circuit, Caroline Springs. This expansive double-story home offers 4 bedrooms, with a 5th bedroom on the ground floor that can be used as a study. The master bedroom features a walk-in robe and a full ensuite, while three additional bedrooms have built-in robes. Enjoy the spacious living areas including a huge family area, separate dining, and a kitchen with a pantry. The property boasts seamless indoor-outdoor flow with a veranda and alfresco area. Conveniently located close to schools, shops, parks, and public transport with easy access to the Ravenhall Train Station and Western Freeway.
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75.8%
$675K
4.4%
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Try Picki for FREE$40,000
-$15,973
3.9%
Asking Price
$795,000
Estimated Purchase Price
$755,000
Stamp Duty
$40,370
Transfer Fee
$1,872
Conveyancing
$1,196
Deposit (10%)
$75,500
Reg. Mortgage
$129
LMI Premium
$21,528
Renovation Costs
-
Total Cash/Equity Required
$141,145
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$29,120
$41,447
Property Management
+7.7% PA
$2,242
$3,191
Rates
+3.0% PA
$1,584
$2,067
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
$22,029
$31,929
Interest Repayments
$44,847
$44,847
Net Cashflow Before Tax
-$22,818
-$12,918
Depreciation
-
-
Tax Offset
-$6,845
-$3,876
Net Cashflow After Tax
-$15,973
-$9,043
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$849,060
$1,534,898
Loan Balance
I.O
$679,500
$679,500
$169,560
$855,398
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2021 Population
Suburbs
Retail Trade - 14.0%
Education and Training - 14.0%
Construction - 11.0%
Health Care and Social Assistance - 10.0%
Others - 51.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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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
