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$975K
$165,001
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Try Picki for FREEConfidence
High
High
$975,000
Medium
$925,000
Low
$875,000
Confidence
Medium
This beautifully refurbished ranch-style home with a wraparound veranda sits on 1.6 acres, offering a blend of comfort and utility. With three bedrooms plus a study, and spacious living areas, the house provides a versatile use of space. The kitchen features high-quality appliances and a large island. Outdoor spaces include a covered entertainment area and established gardens with mature fruit trees and ample room for pets. Additional features include ducted heating, split systems, a double garage, and a massive shed equipped with a car hoist. Located in charming Rochester, this home combines country living with modern amenities.
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84%
$595K
3.8%
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Try Picki for FREE$25,000
-$22,478
3.2%
Asking Price
$975,000
Estimated Purchase Price
$900,000
Stamp Duty
$49,070
Transfer Fee
$2,212
Conveyancing
$1,196
Deposit (10%)
$90,000
Reg. Mortgage
$129
LMI Premium
$25,662
Renovation Costs
-
Total Cash/Equity Required
$168,819
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
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
$21,349
$30,985
Interest Repayments
$53,460
$53,460
Net Cashflow Before Tax
-$32,111
-$22,475
Depreciation
-
-
Tax Offset
-$9,633
-$6,743
Net Cashflow After Tax
-$22,478
-$15,733
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$987,900
$1,785,888
Loan Balance
I.O
$810,000
$810,000
$177,900
$975,888
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 - 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
Create a free account to access the tools and information you need to make the best property investment decisions.
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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