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$590K
$112,517
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Try Picki for FREEConfidence
High
High
$650,000
Medium
$620,000
Low
$590,000
Confidence
Medium
This four-bedroom home offers a master suite with ensuite and boasts an open-plan layout showcasing a stunning new kitchen equipped with stone benchtops. Enjoy two spacious living areas that flow into a generous dining space. The beautiful hardwood flooring adds warmth and character. The home ensures comfort with split system, evaporative cooling, and gas ducted heating. Step outside to an oversized north-facing entertainment deck, complete with external natural gas for BBQs. Ample shedding and a dedicated workshop cater to all storage needs, while a practical laundry and mudroom offer functionality. Eco-friendly features include a 10kW solar panel system with battery storage and automatic backup. Situated on a safe and secure 723m² allotment with new roofing, the property benefits from close proximity to Latrobe Regional Hospital and private schooling.
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77.7%
$495K
6.1%
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Try Picki for FREE-$25,000
-$10,698
4.7%
Asking Price
$635,000
Estimated Purchase Price
$645,000
Stamp Duty
$33,770
Transfer Fee
$1,615
Conveyancing
$1,196
Deposit (10%)
$64,500
Reg. Mortgage
$129
LMI Premium
$18,391
Renovation Costs
-
Total Cash/Equity Required
$120,151
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$30,160
$42,927
Property Management
+7.7% PA
$2,322
$3,305
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
$23,031
$33,350
Interest Repayments
$38,313
$38,313
Net Cashflow Before Tax
-$15,282
-$4,963
Depreciation
-
-
Tax Offset
-$4,585
-$1,489
Net Cashflow After Tax
-$10,698
-$3,474
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$662,160
$1,197,028
Loan Balance
I.O
$580,500
$580,500
$81,660
$616,528
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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...
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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
