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$659K
$110,608
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$635,000
Medium
$615,000
Low
$595,000
Confidence
Medium
Discover a family haven in a coveted neighborhood. This 3-bedroom, 2-bathroom home sits on a generous 775m2 plot. It features a master suite with an ensuite and walk-in robe and two inviting living areas including an open-plan kitchen and living space. The house promises year-round comfort with a new ducted heating system and split system heating/cooling. Enjoy an expansive outdoor area with an exposed aggregate concrete patio leading to a low-maintenance garden. Complete with a double garage and a 2kW solar unit. Currently tenanted, but offers vacant possession. A versatile opportunity for families or investors.
Trusted by over 13k property buyers and counting...
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80.9%
$380K
6.6%
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Try Picki for FREE$5,000
-$13,779
3.8%
Asking Price
$659,000
Estimated Purchase Price
$610,000
Stamp Duty
$31,670
Transfer Fee
$1,533
Conveyancing
$1,196
Deposit (10%)
$61,000
Reg. Mortgage
$129
LMI Premium
$17,393
Renovation Costs
-
Total Cash/Equity Required
$113,471
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
Rates
+3.0% PA
$1,784
$2,328
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
$16,549
$24,153
Interest Repayments
$36,234
$36,234
Net Cashflow Before Tax
-$19,685
-$12,081
Depreciation
-
-
Tax Offset
-$5,905
-$3,624
Net Cashflow After Tax
-$13,779
-$8,457
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$656,820
$1,187,374
Loan Balance
I.O
$549,000
$549,000
$107,820
$638,374
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 - 15.0%
Manufacturing - 13.0%
Agriculture, Forestry and Fishing - 13.0%
Retail Trade - 12.0%
Others - 47.0%
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
Create a free account to access the tools and information you need to make the best property investment decisions.
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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