The information provided is for general informational purposes only. While we strive for accuracy, we make no guarantees about the completeness or reliability of the content. Any reliance you place on this information is at your own risk, and we are not liable for any losses or damages arising from its use.
Additionally, our site may contain links to external websites, which we do not control. The inclusion of these links does not imply endorsement of their content. By using Picki, you accept this disclaimer and acknowledge that the information may not be suitable for all users.
© 2024 Picki. All rights reserved.
Withheld
$1,746
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
High
-
Medium
-
Low
-
Confidence
The ARK 7 Real Estate showcases a freshly painted, beautiful ex-display Carlisle home on approximately 528 sqm. This modern single-level residence is designed for family lifestyle convenience, featuring four well-proportioned bedrooms. The master suite includes a full ensuite and walk-in robe. Living areas offer a formal lounge and an open family-meal space, seamlessly connecting indoor and outdoor living. The property boasts a stylish garden with an alfresco area, a central spacious kitchen with stainless steel appliances, a large island bar, laundry facilities, and a double garage with secure remote gates. Additional features include solar panels, ducted heating, and evaporative cooling. Ideally located next to a childcare center, bus stops, a milk shop, and within minutes to Woodgrove Shopping Centre, Melton Train Station, and freeway access.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
65.6%
$575K
4.2%
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE$10,000
-$8,009
5.0%
Asking Price
-
Estimated Purchase Price
$515,000
Stamp Duty
$25,970
Transfer Fee
$1,311
Conveyancing
$1,196
Deposit (10%)
$51,500
Reg. Mortgage
$129
LMI Premium
$11,385
Renovation Costs
-
Total Cash/Equity Required
$92,040
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$26,000
$37,006
Property Management
+7.7% PA
$2,002
$2,849
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
$19,149
$27,830
Interest Repayments
$30,591
$30,591
Net Cashflow Before Tax
-$11,442
-$2,761
Depreciation
-
-
Tax Offset
-$3,433
-$828
Net Cashflow After Tax
-$8,009
-$1,933
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$560,700
$1,013,612
Loan Balance
I.O
$463,500
$463,500
$97,200
$550,112
Below are some similar properties in the area you may be interested in.
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
Retail Trade - 14.0%
Education and Training - 14.0%
Construction - 11.0%
Health Care and Social Assistance - 10.0%
Others - 51.0%
Average Income
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 FREEAverage Population
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
