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$850K
$144,008
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$885,000
Medium
$855,000
Low
$825,000
Confidence
Medium
Discover a charming sanctuary at 6 Somerville Street, blending family living with workspace potential. This three-bedroom plus study home sprawls across a vast 2983m2 block, featuring a triple car garage with drive-through access to a business-use shed and a versatile carport for boats or caravans. The refreshed interior boasts new paint, plush carpeting, and an updated kitchen with ample storage and gas cooking. Relax in the master bedroom with its renovated ensuite and walk-in robe, or unwind in the cozy living areas warmed by a log fireplace. Stay comfortable year-round with gas central heating and evaporative cooling. Enjoy the outdoors with an undercover decked alfresco area. Located near Buninyong township, golf club, and primary school, this home offers a perfect blend of modern living and community charm.
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83.7%
$498K
323.7%
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Try Picki for FREE$45,000
-$23,168
2.7%
Asking Price
$895,000
Estimated Purchase Price
$810,000
Stamp Duty
$43,670
Transfer Fee
$2,001
Conveyancing
$1,196
Deposit (10%)
$81,000
Reg. Mortgage
$129
LMI Premium
$23,096
Renovation Costs
-
Total Cash/Equity Required
$151,642
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$21,840
$31,085
Property Management
+7.7% PA
$1,682
$2,394
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
$15,016
$21,982
Interest Repayments
$48,114
$48,114
Net Cashflow Before Tax
-$33,098
-$26,132
Depreciation
-
-
Tax Offset
-$9,929
-$7,839
Net Cashflow After Tax
-$23,168
-$18,292
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$913,140
$1,650,740
Loan Balance
I.O
$729,000
$729,000
$184,140
$921,740
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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...
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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
