$305K
$44,598
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Try Picki for FREEConfidence
High
High
$720,000
Medium
$680,000
Low
$640,000
Confidence
Medium
Situated only 10 kilometers from the CBD, this property offers convenient access to local amenities like Epsom Village Shopping Centre, schools, parks, and recreational facilities. The Ashley 24 design by Cavalier Homes includes family-friendly features such as a second lounge and separate toilet, accommodating a family of five. Each bedroom has walk-in robes, with the master boasting a spacious walk-in for both partners. The property features high ceilings, quality flooring, Colorbond steel roofing, and energy-efficient systems, including double-glazed windows and a 7-star energy rating.
Trusted by over 13k property buyers and counting...
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77.5%
$555K
5.1%
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Try Picki for FREE$65,000
-$7,216
5.5%
Asking Price
$700,891
Estimated Purchase Price
$615,000
Stamp Duty
$31,970
Transfer Fee
$1,545
Conveyancing
$1,196
Deposit (10%)
$61,500
Reg. Mortgage
$129
LMI Premium
$17,536
Renovation Costs
-
Total Cash/Equity Required
$114,425
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,800
$48,108
Property Management
+7.7% PA
$2,603
$3,704
Rates
+3.0% PA
$1,710
$2,231
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
$26,222
$37,912
Interest Repayments
$36,531
$36,531
Net Cashflow Before Tax
-$10,309
$1,381
Depreciation
-
-
Tax Offset
-$3,093
$414
Net Cashflow After Tax
-$7,216
$967
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$726,240
$1,312,869
Loan Balance
I.O
$553,500
$553,500
$172,740
$759,369
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2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 12.0%
Education and Training - 9.0%
Manufacturing - 8.0%
Others - 53.0%
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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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