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.
$390K
$76,362
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
$440,000
Medium
$410,000
Low
$380,000
Confidence
Medium
Welcome to a charming red brick home on Egmont Street, nestled in a sought-after location central to all conveniences. Imagine the possibilities with this comfortable and spacious abode featuring three sizable bedrooms, each offering excellent robe storage. Experience comfort with ducted gas heating and ceiling fans, while large windows light up the interiors. A modern kitchen, complete with ample bench space, drawers, a pantry, electric hob, and oven, caters to family meals and entertaining. Positioned on a generous 785m2 allotment, it boasts convenient vehicle access to the rear garage and backyard, making it an ideal starter home for those ready to embark on a renovation journey.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
70.7%
$440K
5.4%
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-$30,000
-$7,765
5.0%
Asking Price
$410,000
Estimated Purchase Price
$440,000
Stamp Duty
$21,470
Transfer Fee
$1,135
Conveyancing
$1,196
Deposit (10%)
$44,000
Reg. Mortgage
$129
LMI Premium
$9,727
Renovation Costs
-
Total Cash/Equity Required
$78,206
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$21,840
$31,085
Property Management
+7.7% PA
$1,682
$2,394
Rates
+3.0% PA
$1,850
$2,414
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
$15,043
$22,018
Interest Repayments
$26,136
$26,136
Net Cashflow Before Tax
-$11,093
-$4,118
Depreciation
-
-
Tax Offset
-$3,328
-$1,236
Net Cashflow After Tax
-$7,765
-$2,883
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%
$437,880
$791,583
Loan Balance
I.O
$396,000
$396,000
$41,880
$395,583
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 - 14.0%
Manufacturing - 11.0%
Agriculture, Forestry and Fishing - 10.0%
Retail Trade - 9.0%
Others - 56.0%
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
