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$475K
$90,195
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Try Picki for FREEConfidence
High
High
$490,000
Medium
$465,000
Low
$440,000
Confidence
Medium
Discover this charming 3-bedroom brick home nestled in Mount Clear. It's ideally located for families, being close to renowned schools and Federation University. The property spreads over a generous 649m2 block, offering established gardens and a double carport. Inside, enjoy an open-plan living area full of natural light and a modern kitchen complete with ample storage and breakfast bar. The home provides year-round comfort with a split system for heating and cooling. The secure backyard features a serene sitting area, perfect for family relaxation. Conveniently near essential services and scenic nature trails, this home combines practicality and appeal.
Trusted by over 13k property buyers and counting...
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70.1%
$461K
5%
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Try Picki for FREE-$30,000
-$10,407
4.3%
Asking Price
$475,000
Estimated Purchase Price
$495,000
Stamp Duty
$24,770
Transfer Fee
$1,264
Conveyancing
$1,196
Deposit (10%)
$49,500
Reg. Mortgage
$129
LMI Premium
$10,943
Renovation Costs
-
Total Cash/Equity Required
$88,351
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$21,320
$30,345
Property Management
+7.7% PA
$1,642
$2,337
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
$14,536
$21,299
Interest Repayments
$29,403
$29,403
Net Cashflow Before Tax
-$14,867
-$8,104
Depreciation
-
-
Tax Offset
-$4,460
-$2,431
Net Cashflow After Tax
-$10,407
-$5,673
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$496,620
$897,771
Loan Balance
I.O
$445,500
$445,500
$51,120
$452,271
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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
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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
