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$720K
$121,105
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$720,000
Medium
$680,000
Low
$640,000
Confidence
Medium
Discover a quality-built home in The Ridge Estate, Caroline Springs, where sophistication meets spaciousness. This contemporary residence boasts three generous bedrooms with built-in robes, including an oversized master suite with a walk-in robe and ensuite. Enjoy the open-plan kitchen, meals, and family area which seamlessly connects indoor and outdoor living. Features include high ceilings, a modern kitchen with high-quality appliances, a sparkling central bathroom, and a double car remote garage. The home sits on a low-maintenance allotment near schools, parklands, and public transport. It's a turnkey lifestyle waiting for you.
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81.6%
$740K
4.1%
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Try Picki for FREE$10,000
-$13,782
4.0%
Asking Price
-
Estimated Purchase Price
$670,000
Stamp Duty
$35,270
Transfer Fee
$1,674
Conveyancing
$1,196
Deposit (10%)
$67,000
Reg. Mortgage
$129
LMI Premium
$19,104
Renovation Costs
-
Total Cash/Equity Required
$124,922
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$27,040
$38,486
Property Management
+7.7% PA
$2,082
$2,963
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
$20,109
$29,196
Interest Repayments
$39,798
$39,798
Net Cashflow Before Tax
-$19,689
-$10,602
Depreciation
-
-
Tax Offset
-$5,907
-$3,181
Net Cashflow After Tax
-$13,782
-$7,421
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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
$603,000
$603,000
$123,240
$709,869
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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
