$469K
$85,584
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$490,000
Medium
$465,000
Low
$440,000
Confidence
Medium
Welcome to 122 Princes Street, Traralgon. This charming three-bedroom, two-bathroom weatherboard home showcases beautiful hardwood floors and an upgraded kitchen. Its prime downtown location, close to amenities, offers great residential appeal or potential consulting rooms STCA. This property embodies both comfort and opportunity.
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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 - 16.0%
Retail Trade - 12.0%
Public Administration and Safety - 9.0%
Education and Training - 8.0%
Others - 55.0%
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
2.8%
68.1%
$350K
6.1%
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Try Picki for FREE-$10,000
-$9,005
4.6%
Asking Price
$469,000
Estimated Purchase Price
$475,000
Stamp Duty
$23,570
Transfer Fee
$1,217
Conveyancing
$1,196
Deposit (10%)
$47,500
Reg. Mortgage
$129
LMI Premium
$10,500
Renovation Costs
-
Total Cash/Equity Required
$84,662
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
$1,542
$2,012
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
$15,351
$22,420
Interest Repayments
$28,215
$28,215
Net Cashflow Before Tax
-$12,864
-$5,795
Depreciation
-
-
Tax Offset
-$3,859
-$1,739
Net Cashflow After Tax
-$9,005
-$4,057
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$496,620
$897,771
Loan Balance
I.O
$427,500
$427,500
$69,120
$470,271