$400K
$63,450
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Try Picki for FREEConfidence
Medium
High
$440,000
Medium
$380,000
Low
$320,000
Confidence
Low
Explore 2 Charles Drive, a charming family haven on a generous 662m² in Cardigan Village. This home boasts three ample bedrooms with built-in robes, two modern bathrooms, and a cozy lounge with a wood heater. Year-round comfort is assured with gas central heating. The kitchen flows into a dining area ideal for family meals, while the indoor spa and bar area promise entertainment possibilities. Outdoor living is enhanced by an alfresco BBQ area, and there's an oversized double garage plus off-street parking. Located a short drive from Lucas and within top school zones, it’s a perfect blend of serene living and convenience.
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93%
$545K
505.7%
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Try Picki for FREE$10,000
-$7,225
4.9%
Asking Price
$400,000
Estimated Purchase Price
$370,000
Stamp Duty
$17,270
Transfer Fee
$972
Conveyancing
$1,196
Deposit (10%)
$37,000
Reg. Mortgage
$129
LMI Premium
$8,179
Renovation Costs
-
Total Cash/Equity Required
$65,295
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$18,200
$25,904
Property Management
+7.7% PA
$1,401
$1,995
Rates
+3.0% PA
$1,877
$2,449
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
$11,657
$17,201
Interest Repayments
$21,978
$21,978
Net Cashflow Before Tax
-$10,321
-$4,777
Depreciation
-
-
Tax Offset
-$3,096
-$1,433
Net Cashflow After Tax
-$7,225
-$3,344
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$405,840
$733,662
Loan Balance
I.O
$333,000
$333,000
$72,840
$400,662
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 - 19.0%
Retail Trade - 12.0%
Education and Training - 11.0%
Manufacturing - 9.0%
Others - 49.0%
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
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