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$495K
$97,573
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Try Picki for FREEConfidence
High
High
$520,000
Medium
$505,000
Low
$490,000
Confidence
Medium
This durable home combines timeless construction with enormous growth potential. Positioned in a quiet, family-friendly neighborhood just five minutes from the CBD, its convenient location offers easy access to schools, sports reserves, and lush cycling tracks along the Barwon River. Internally, the home boasts three spacious bedrooms, a modern bathroom, and an open-plan living area with gas heating and air conditioning. Additional features include an alfresco deck with sunset views, an oversized garage, and a versatile, generous yard. Experience the blend of classic comfort and future potential in this exceptional property.
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Try Picki for FREELocation, 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 - 17.0%
Retail Trade - 14.0%
Education and Training - 11.0%
Accommodation and Food Services - 8.0%
Others - 50.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Disclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Average Population
projected
for 2025 to 2027
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Monthly % 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
Below are some similar properties in the area you may be interested in.
8%
65.7%
$518K
4.3%
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Try Picki for FREE-$95,000
-$13,237
3.9%
Asking Price
$545,000
Estimated Purchase Price
$600,000
Stamp Duty
$31,070
Transfer Fee
$1,510
Conveyancing
$1,196
Deposit (10%)
$60,000
Reg. Mortgage
$129
LMI Premium
$17,108
Renovation Costs
-
Total Cash/Equity Required
$111,562
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
Rates
+3.0% PA
$1,603
$2,092
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
$16,730
$24,389
Interest Repayments
$35,640
$35,640
Net Cashflow Before Tax
-$18,910
-$11,251
Depreciation
-
-
Tax Offset
-$5,673
-$3,375
Net Cashflow After Tax
-$13,237
-$7,875
Unlock the power of Picki
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$539,340
$974,998
Loan Balance
I.O
$540,000
$540,000
-$660
$434,998
