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$780K
$130,648
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Try Picki for FREEConfidence
High
High
$720,000
Medium
$680,000
Low
$640,000
Confidence
Medium
This elegant 4-bedroom, 2-bathroom home is set in the prestigious The Ridge, Caroline Springs. Perfect for families, it features two versatile living areas, a sleek kitchen with stainless steel appliances, and a master suite with a walk-in robe and ensuite. The home offers a double car garage, ducted heating, and cooling, alongside a low-maintenance backyard with an alfresco dining area. Conveniently located near schools, parks, shopping, and public transport, it presents a unique opportunity to live in a sought-after neighborhood.
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81.6%
$740K
4.1%
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Try Picki for FREE$50,000
-$11,111
4.5%
Asking Price
$680,000
Estimated Purchase Price
$630,000
Stamp Duty
$32,870
Transfer Fee
$1,580
Conveyancing
$1,196
Deposit (10%)
$63,000
Reg. Mortgage
$129
LMI Premium
$17,964
Renovation Costs
-
Total Cash/Equity Required
$117,288
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
$37,422
$37,422
Net Cashflow Before Tax
-$15,873
-$6,177
Depreciation
-
-
Tax Offset
-$4,762
-$1,853
Net Cashflow After Tax
-$11,111
-$4,324
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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
$567,000
$567,000
$159,240
$745,869
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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
