The information provided is for general informational purposes only. While we strive for accuracy, we make no guarantees about the completeness or reliability of the content. Any reliance you place on this information is at your own risk, and we are not liable for any losses or damages arising from its use.
Additionally, our site may contain links to external websites, which we do not control. The inclusion of these links does not imply endorsement of their content. By using Picki, you accept this disclaimer and acknowledge that the information may not be suitable for all users.
© 2024 Picki. All rights reserved.
$4.29M
$743,171
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
$4,500,000
Medium
$4,200,000
Low
$3,900,000
Confidence
Medium
Immerse yourself in luxury with this architecturally stunning, brand-new family home, spanning approximately 54 squares and designed by Point Architect. Its three levels are interconnected by a lift, offering seamless convenience and style. Scheduled for completion in late 2025, enjoy landscaped gardens and a pool haven. The four-bedroom, four-bathroom home features expansive living areas leading to an al fresco terrace, a chef’s kitchen with high-end Gaggenau and Miele appliances, and a butler’s pantry. Bedrooms are strategically positioned for privacy, complemented by a home office and a rumpus room. Sustainability is ensured with a solar power system and a 6.6-star energy rating. Situated near Burwood station and top schools, this home promises an extraordinary lifestyle.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
89.2%
$1.9M
3.8%
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$340,000
-$123,872
1.6%
Asking Price
$4,290,000
Estimated Purchase Price
$3,860,000
Stamp Duty
$230,900
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$386,000
Reg. Mortgage
$129
LMI Premium
$120,781
Renovation Costs
-
Total Cash/Equity Required
$743,171
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$62,400
$88,815
Property Management
+7.7% PA
$4,805
$6,839
Rates
+3.0% PA
$2,006
$2,617
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
$52,324
$75,098
Interest Repayments
$229,284
$229,284
Net Cashflow Before Tax
-$176,960
-$154,186
Depreciation
-
-
Tax Offset
-$53,088
-$46,256
Net Cashflow After Tax
-$123,872
-$107,930
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%
$4,485,600
$8,108,898
Loan Balance
I.O
$3,474,000
$3,474,000
$1,011,600
$4,634,898
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
Education and Training - 15.0%
Health Care and Social Assistance - 15.0%
Professional, Scientific and Technical Services - 14.0%
Retail Trade - 13.0%
Others - 43.0%
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
