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Withheld
$1,746
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Try Picki for FREEConfidence
High
High
$500,000
Medium
$475,000
Low
$450,000
Confidence
Medium
Discover a remarkable family home at 28 Northern Avenue, Newborough. Situated on a spacious 789sqm lot, this residence offers an impeccable mix of comfort and functionality. The modern open-plan lounge and dining area features low-maintenance plank flooring, leading into a contemporary kitchen, complete with laminate tops and a dual-drawer dishwasher. Boasting three well-sized bedrooms, the master includes expansive mirrored wardrobes, while another bedroom is fitted with robes. A renovated family bathroom and laundry add convenience. Outdoor living shines with a dining area and a premium entertaining space at the rear. The property also features a double garage with remote access, a kitchenette, a toilet, and a captivating Coonara - perfect for teenagers. A double-length carport with remote entry enhances the offer, as do window shutters and a split-system for heating and cooling. It's a ready-to-move-in residence where you can unwind immediately – seize the opportunity today.
Trusted by over 13k property buyers and counting...
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74.7%
$391K
5.1%
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Try Picki for FREE-$50,000
-$10,412
4.4%
Asking Price
$498,000
Estimated Purchase Price
$525,000
Stamp Duty
$26,570
Transfer Fee
$1,334
Conveyancing
$1,196
Deposit (10%)
$52,500
Reg. Mortgage
$129
LMI Premium
$11,606
Renovation Costs
-
Total Cash/Equity Required
$93,884
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$22,880
$32,565
Property Management
+7.7% PA
$1,762
$2,508
Rates
+3.0% PA
$1,542
$2,012
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
$16,311
$23,786
Interest Repayments
$31,185
$31,185
Net Cashflow Before Tax
-$14,874
-$7,399
Depreciation
-
-
Tax Offset
-$4,462
-$2,220
Net Cashflow After Tax
-$10,412
-$5,179
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$507,300
$917,078
Loan Balance
I.O
$472,500
$472,500
$34,800
$444,578
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2021 Population
Suburbs
Health Care and Social Assistance - 16.0%
Retail Trade - 12.0%
Public Administration and Safety - 9.0%
Education and Training - 8.0%
Others - 55.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2025 to 2027
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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
