$380K
$74,517
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Try Picki for FREEConfidence
High
High
$420,000
Medium
$380,000
Low
$340,000
Confidence
not applicable
Classic 4-bedroom home perfectly located near popular amenities, providing convenience and accessibility. Set on a sizable block of approximately 839m², featuring generous living spaces and functional design. The interior boasts character and ample natural light, with a spacious lounge and main bedroom. The property offers a large outdoor entertaining area, wood heating, and cooling systems for comfort. With existing tenancies until June 2025, it presents an investment opportunity with over 5% gross yield.
Trusted by over 13k property buyers and counting...
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74.1%
$303K
5.2%
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Try Picki for FREE-$30,000
-$20,327
-
Asking Price
$380,000
Estimated Purchase Price
$410,000
Stamp Duty
$19,670
Transfer Fee
$1,065
Conveyancing
$1,196
Deposit (10%)
$41,000
Reg. Mortgage
$129
LMI Premium
$9,064
Renovation Costs
-
Total Cash/Equity Required
$72,673
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,419
$1,851
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
-$4,684
-$6,112
Interest Repayments
$24,354
$24,354
Net Cashflow Before Tax
-$29,038
-$30,466
Depreciation
-
-
Tax Offset
-$8,711
-$9,140
Net Cashflow After Tax
-$20,327
-$21,326
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$405,840
$733,662
Loan Balance
I.O
$369,000
$369,000
$36,840
$364,662
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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 - 17.0%
Retail Trade - 14.0%
Manufacturing - 13.0%
Education and Training - 9.0%
Others - 47.0%
Average Income
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Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Disclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Average Population
projected
for 2025 to 2027
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Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Monthly % 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