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$515K
$91,117
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$500,000
Medium
$475,000
Low
$450,000
Confidence
Medium
Explore the inviting atmosphere of this charming three-bedroom home at 2 Normlyttle Parade, Miners Rest. Nestled in a peaceful family-friendly neighborhood, this property offers the perfect blend of comfort and convenience. With its ideal location near parks, schools, and shopping facilities, it's perfect for growing families. Boasting two living areas, a practical central kitchen, and year-round climate control with gas heating and air conditioning, this home ensures ultimate satisfaction. The master suite features an ensuite and walk-in robe, while additional bedrooms offer built-in storage. Outside, the corner block provides side access, double gates for storing recreational vehicles, two sheds for added storage, and a water tank with a veggie garden. This home truly caters to a modern lifestyle with its spacious design and outdoor potential.
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77.2%
$563K
200.7%
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Try Picki for FREE-$40,000
-$10,902
4.2%
Asking Price
$515,000
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
$21,840
$31,085
Property Management
+7.7% PA
$1,682
$2,394
Rates
+3.0% PA
$1,877
$2,449
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
$15,016
$21,982
Interest Repayments
$30,591
$30,591
Net Cashflow Before Tax
-$15,575
-$8,609
Depreciation
-
-
Tax Offset
-$4,672
-$2,583
Net Cashflow After Tax
-$10,902
-$6,026
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$507,300
$917,078
Loan Balance
I.O
$463,500
$463,500
$43,800
$453,578
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2021 Population
Suburbs
Health Care and Social Assistance - 19.0%
Retail Trade - 12.0%
Education and Training - 11.0%
Manufacturing - 9.0%
Others - 49.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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projected
for 2025 to 2027
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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
