$620K
$97,573
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Try Picki for FREEConfidence
High
High
$660,000
Medium
$620,000
Low
$580,000
Confidence
Medium
Nestled in the serene locale of Mount Helen, this spacious family home boasts four bedrooms and two living areas, ideal for a growing family. Positioned on a generous 758m2 block, it combines classic charm with modern conveniences, including reverse cycle air conditioning, gas central heating, and NBN connectivity. The open-plan kitchen adjoins a central family room with access to a large undercover entertaining area and a secure yard. Located close to Federation University and local amenities, this home offers both tranquility and convenience.
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70.4%
$545K
6.2%
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Try Picki for FREE$75,000
-$8,790
5.0%
Asking Price
$620,000
Estimated Purchase Price
$545,000
Stamp Duty
$27,770
Transfer Fee
$1,381
Conveyancing
$1,196
Deposit (10%)
$54,500
Reg. Mortgage
$129
LMI Premium
$12,048
Renovation Costs
-
Total Cash/Equity Required
$97,573
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$27,040
$38,486
Property Management
+7.7% PA
$2,082
$2,963
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
$19,816
$28,814
Interest Repayments
$32,373
$32,373
Net Cashflow Before Tax
-$12,557
-$3,559
Depreciation
-
-
Tax Offset
-$3,767
-$1,068
Net Cashflow After Tax
-$8,790
-$2,491
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$662,160
$1,197,028
Loan Balance
I.O
$490,500
$490,500
$171,660
$706,528
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 - 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...
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
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