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$1.5M
$320,321
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Try Picki for FREEConfidence
High
High
$1,750,000
Medium
$1,625,000
Low
$1,500,000
Confidence
Medium
Located in the tranquil neighborhood of Ashburton, this three-bedroom residence provides the ideal low-maintenance living environment. The home is surrounded by lush greenery, ensuring privacy and serenity for its residents. Highlighted by abundant natural light, the interior features multiple living areas and modern design. The open-plan living and dining area leads to a contemporary kitchen with high-end finishes. The outdoor deck and garden offer ample space for relaxation and entertainment. Conveniently located near schools, parks, and shopping, this property combines comfort and accessibility.
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81.7%
$1.98M
2.4%
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Try Picki for FREE-$40,000
-$54,442
1.7%
Asking Price
$1,550,000
Estimated Purchase Price
$1,665,000
Stamp Duty
$91,575
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$166,500
Reg. Mortgage
$129
LMI Premium
$52,099
Renovation Costs
-
Total Cash/Equity Required
$315,664
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
$2,006
$2,617
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
$21,127
$30,695
Interest Repayments
$98,901
$98,901
Net Cashflow Before Tax
-$77,774
-$68,206
Depreciation
-
-
Tax Offset
-$23,332
-$20,462
Net Cashflow After Tax
-$54,442
-$47,744
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,735,500
$3,137,371
Loan Balance
I.O
$1,498,500
$1,498,500
$237,000
$1,638,871
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2021 Population
Suburbs
Education and Training - 15.0%
Health Care and Social Assistance - 15.0%
Professional, Scientific and Technical Services - 14.0%
Retail Trade - 13.0%
Others - 43.0%
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
