$645K
$126,831
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Try Picki for FREEConfidence
High
High
$680,000
Medium
$650,000
Low
$620,000
Confidence
Medium
Discover the ideal family haven in Mount Clear. This four-bedroom brick home, set on a 550m2 lot, beautifully combines comfort and style. Featuring an open-plan living area with a dining space and study nook, the property ensures ample room for relaxation and entertainment. A well-equipped kitchen with a large island bench and plenty of storage sits at its heart. The master bedroom offers an ensuite and a walk-in robe, while the other bedrooms come with built-in robes, supported by a central family bathroom. Enjoy year-round comfort with hydronic heating, an outdoor alfresco area, and easy parking with a double carport. Positioned near schools, Federation Uni, and shopping, this home promises a convenient lifestyle in a tranquil setting.
Trusted by over 13k property buyers and counting...
Try Picki for FREE3.2%
70.3%
$450K
5.9%
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Try Picki for FREE-$20,000
-$16,339
3.5%
Asking Price
$645,000
Estimated Purchase Price
$670,000
Stamp Duty
$35,270
Transfer Fee
$1,674
Conveyancing
$1,196
Deposit (10%)
$67,000
Reg. Mortgage
$129
LMI Premium
$19,104
Renovation Costs
-
Total Cash/Equity Required
$124,922
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
$39,798
$39,798
Net Cashflow Before Tax
-$23,342
-$15,766
Depreciation
-
-
Tax Offset
-$7,003
-$4,730
Net Cashflow After Tax
-$16,339
-$11,036
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$694,200
$1,254,948
Loan Balance
I.O
$603,000
$603,000
$91,200
$651,948
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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...
Try Picki for FREEAverage Population
projected
for 2024 to 2026
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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