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$495K
$79,128
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Try Picki for FREEConfidence
High
High
$580,000
Medium
$550,000
Low
$520,000
Confidence
Medium
Discover your sanctuary in Rochester. This upgraded 3-bedroom, 1-bathroom home merges comfort and style. Located on a spacious 1,673 sqm lot, this family-friendly residence offers ample space and a serene atmosphere. The main bedroom includes a ceiling fan, split system, and built-in robes for convenience. The additional bedrooms also enhance comfort with ceiling fans and ample storage. The well-designed kitchen features a walk-in pantry and connects seamlessly to a second living area and laundry. Enjoy year-round comfort in the lounge room with a split system. Outdoors, explore endless possibilities in the expansive yard with two storage sheds. Positioned in a desirable area, enjoy local amenities, schools, and transport easily. Secure this inviting Rochester home today.
Trusted by over 13k property buyers and counting...
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72.5%
$180K
14.2%
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Try Picki for FREE$40,000
-$9,621
4.6%
Asking Price
$550,000
Estimated Purchase Price
$510,000
Stamp Duty
$25,670
Transfer Fee
$1,299
Conveyancing
$1,196
Deposit (10%)
$51,000
Reg. Mortgage
$129
LMI Premium
$11,274
Renovation Costs
-
Total Cash/Equity Required
$91,118
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
$1,784
$2,328
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
$16,549
$24,153
Interest Repayments
$30,294
$30,294
Net Cashflow Before Tax
-$13,745
-$6,141
Depreciation
-
-
Tax Offset
-$4,123
-$1,842
Net Cashflow After Tax
-$9,621
-$4,299
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$587,400
$1,061,879
Loan Balance
I.O
$459,000
$459,000
$128,400
$602,879
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2021 Population
Suburbs
Health Care and Social Assistance - 15.0%
Manufacturing - 13.0%
Agriculture, Forestry and Fishing - 13.0%
Retail Trade - 12.0%
Others - 47.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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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
