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.
$320K
$49,083
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
Medium
High
$280,000
Medium
$260,000
Low
$240,000
Confidence
Low
This inviting property, set on a generous 723 sqm plot, offers an ideal and budget-friendly home for families and couples. It consists of three well-sized bedrooms designed for comfort and privacy. The house boasts a dedicated dining room, enhancing meal experiences with a cozy environment. The interior layout keeps functionality and flow in mind, ensuring a welcoming ambiance. Temperature control is effectively managed with gas heating and a split system for year-round comfort. An outside shed adds storage or potential workshop space. With ample land, the property supports outdoor activities, gardening, and future upgrades. This home skillfully combines space, comfort, and practicality, ideal for first-time buyers or those seeking a more relaxed lifestyle.
Trusted by over 13k property buyers and counting...
Try Picki for FREE6.3%
76.1%
$430K
6.4%
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-$35,000
-$7,401
4.4%
Asking Price
$320,000
Estimated Purchase Price
$295,000
Stamp Duty
$12,770
Transfer Fee
$796
Conveyancing
$1,196
Deposit (10%)
$29,500
Reg. Mortgage
$129
LMI Premium
$5,041
Renovation Costs
-
Total Cash/Equity Required
$49,981
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$13,000
$18,503
Property Management
+7.7% PA
$1,001
$1,425
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
$6,950
$10,491
Interest Repayments
$17,523
$17,523
Net Cashflow Before Tax
-$10,573
-$7,032
Depreciation
-
-
Tax Offset
-$3,172
-$2,110
Net Cashflow After Tax
-$7,401
-$4,923
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%
$277,680
$501,979
Loan Balance
I.O
$265,500
$265,500
$12,180
$236,479
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
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
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
