$700K
$129,694
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Try Picki for FREEConfidence
High
High
$700,000
Medium
$670,000
Low
$640,000
Confidence
Medium
Discover this charming sandstone brick home in the sought-after Miners Rest. Enjoy a spacious main bedroom with double built-in robes and ensuite, plus two more bedrooms with BIRs. A well-appointed kitchen leads to a dining area with alfresco access. Features include a separate lounge, ideal as a theater room or kids’ play area, a fourth bedroom or study, and efficient climate control with three split systems, ducted heating, and evaporative cooling. Solar power and double-glazed windows enhance sustainability. The tidy, low-maintenance garden and secure backyard make for ideal family living. Macarthur Park's serene streets and parks create an inviting atmosphere, close to shopping, schools, and a convenient highway access. Perfect for those needing caravan or boat storage.
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83.5%
$548K
4.3%
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Try Picki for FREE-$30,000
-$17,587
3.3%
Asking Price
$700,000
Estimated Purchase Price
$700,000
Stamp Duty
$37,070
Transfer Fee
$1,744
Conveyancing
$1,196
Deposit (10%)
$70,000
Reg. Mortgage
$129
LMI Premium
$19,960
Renovation Costs
-
Total Cash/Equity Required
$130,648
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
$1,877
$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
$16,456
$24,032
Interest Repayments
$41,580
$41,580
Net Cashflow Before Tax
-$25,124
-$17,548
Depreciation
-
-
Tax Offset
-$7,537
-$5,264
Net Cashflow After Tax
-$17,587
-$12,284
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$715,560
$1,293,562
Loan Balance
I.O
$630,000
$630,000
$85,560
$663,562
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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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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