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$730K
$122,059
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$925,000
Medium
$875,000
Low
$825,000
Confidence
Medium
Located centrally in Caroline Springs, this inviting home offers convenience and comfort for growing families. It features two spacious living areas, a modern kitchen with stainless steel appliances, and comfortable bedrooms with wooden floors. The master bedroom includes a walk-in robe and ensuite. Year-round comfort is ensured with evaporative cooling and ducted heating. The expansive backyard is perfect for entertaining, with multiple areas for gatherings. Additional features include a shed, large rainwater tank, balcony, and secure double garage with direct access to entertainment areas. All amenities like shops, schools, and parks are within walking distance. Contact Vikas on 0401 399 635 for inspection.
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72.6%
$655K
4.6%
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-$20,962
3.3%
Asking Price
-
Estimated Purchase Price
$875,000
Stamp Duty
$47,570
Transfer Fee
$2,153
Conveyancing
$1,196
Deposit (10%)
$87,500
Reg. Mortgage
$129
LMI Premium
$24,950
Renovation Costs
-
Total Cash/Equity Required
$164,047
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$29,120
$41,447
Property Management
+7.7% PA
$2,242
$3,191
Rates
+3.0% PA
$1,584
$2,067
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
$22,029
$31,929
Interest Repayments
$51,975
$51,975
Net Cashflow Before Tax
-$29,946
-$20,046
Depreciation
-
-
Tax Offset
-$8,984
-$6,014
Net Cashflow After Tax
-$20,962
-$14,032
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$934,500
$1,689,354
Loan Balance
I.O
$787,500
$787,500
$147,000
$901,854
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2021 Population
Suburbs
Retail Trade - 14.0%
Education and Training - 14.0%
Construction - 11.0%
Health Care and Social Assistance - 10.0%
Others - 51.0%
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
