$660K
$135,419
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
$780,000
Medium
$750,000
Low
$720,000
Confidence
Medium
Discover 6 Wrixon Street in the tranquil enclave of Romsey. This newly built 3-bedroom, 2-bathroom home by Metricon offers an appealing blend of comfort and modern style, ideal for downsizers, small families, and retirees. Enjoy open-plan living with a bright lounge, dining area, and a modern kitchen outfitted with quality appliances. The outdoor patio guarantees relaxing moments, while the spacious main bedroom features a private ensuite. Low-maintenance gardens, double glazing, ducted heating, and split-system air conditioning ensure year-round comfort. With proximity to parks, local shops, and schools, this home embraces a serene lifestyle with all conveniences nearby.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
85.1%
$710K
4.1%
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-$60,000
-$22,137
2.9%
Asking Price
$755,000
Estimated Purchase Price
$810,000
Stamp Duty
$43,670
Transfer Fee
$2,001
Conveyancing
$1,196
Deposit (10%)
$81,000
Reg. Mortgage
$129
LMI Premium
$23,096
Renovation Costs
-
Total Cash/Equity Required
$151,642
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
$1,843
$2,405
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
$16,490
$24,076
Interest Repayments
$48,114
$48,114
Net Cashflow Before Tax
-$31,624
-$24,038
Depreciation
-
-
Tax Offset
-$9,487
-$7,211
Net Cashflow After Tax
-$22,137
-$16,826
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%
$801,000
$1,448,017
Loan Balance
I.O
$729,000
$729,000
$72,000
$719,017
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 - 12.0%
Retail Trade - 11.0%
Education and Training - 11.0%
Construction - 9.0%
Others - 57.0%
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