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$650K
$108,700
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$740,000
Medium
$680,000
Low
$620,000
Confidence
Medium
Discover the timeless elegance of 71 Oakview Parade, Caroline Springs. This classic period-style home in the Oakwood Estate offers space and sophistication, framed by a 570m² lot. With three spacious bedrooms, including a luxurious master suite, this residence provides comfort and style. The heart of the home features a well-equipped kitchen, complimented by an open-plan living area. Enjoy seamless indoor-outdoor living with a large alfresco space. The triple car garage and expansive backyard cater to families, while proximity to reputable schools and amenities ensures a convenient lifestyle. Don’t miss this chance to own a piece of elegance.
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76.6%
$793K
148.2%
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Try Picki for FREE$80,000
-$9,864
4.8%
Asking Price
$650,000
Estimated Purchase Price
$600,000
Stamp Duty
$31,070
Transfer Fee
$1,510
Conveyancing
$1,196
Deposit (10%)
$60,000
Reg. Mortgage
$129
LMI Premium
$17,108
Renovation Costs
-
Total Cash/Equity Required
$111,562
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
$1,584
$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
$21,549
$31,245
Interest Repayments
$35,640
$35,640
Net Cashflow Before Tax
-$14,091
-$4,395
Depreciation
-
-
Tax Offset
-$4,227
-$1,318
Net Cashflow After Tax
-$9,864
-$3,076
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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
$540,000
$540,000
$186,240
$772,869
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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
