$2.65M
$453,643
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Try Picki for FREEConfidence
High
High
$2,500,000
Medium
$2,350,000
Low
$2,200,000
Confidence
Medium
Reimagining the grandeur of c1890 Victorian architecture through a sleek, contemporary lens, this meticulously designed four-bedroom, three-bathroom residence harmonises its historic charms with state-of-the-art family living. Behind the striking facade and beautifully manicured garden, you'll find luxurious scale and exquisite finishes like marble and oak. Key features include a dual-level layout with a main bedroom boasting a grand marble fireplace and ensuite on the ground floor, and three additional king-sized bedrooms upstairs. The property’s expansive 6-metre-wide living and dining area opens to a terrace and features a bespoke Miele kitchen. Located near Fawkner Park, Albert Park Lake, and top schools, the home includes amenities like ducted heating-cooling and secure parking.
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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
Retail Trade - 18.0%
Health Care and Social Assistance - 16.0%
Professional, Scientific and Technical Services - 12.0%
Accommodation and Food Services - 11.0%
Others - 43.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2024 to 2026
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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
0%
61.8%
$1.73M
2.2%
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Try Picki for FREE$85,000
-$43,719
3.7%
Asking Price
$2,450,000
Estimated Purchase Price
$2,265,000
Stamp Duty
$127,225
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$226,500
Reg. Mortgage
$129
LMI Premium
$70,873
Renovation Costs
-
Total Cash/Equity Required
$430,088
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$83,200
$118,420
Property Management
+7.7% PA
$6,406
$9,118
Rates
+3.0% PA
$1,444
$1,884
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
$72,085
$103,157
Interest Repayments
$134,541
$134,541
Net Cashflow Before Tax
-$62,456
-$31,384
Depreciation
-
-
Tax Offset
-$18,737
-$9,415
Net Cashflow After Tax
-$43,719
-$21,969
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$2,509,800
$4,537,121
Loan Balance
I.O
$2,038,500
$2,038,500
$471,300
$2,498,621
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