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$570K
$116,334
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$640,000
Medium
$580,000
Low
$520,000
Confidence
Medium
Completed in 2022, this modern brick house on Montane Boulevard combines style and functionality. Featuring a master bedroom with ensuite and walk-in robe, plus three additional bedrooms with built-in robes, it suits both families and investors. The open plan living and dining areas connect to the backyard, ideal for entertaining. Central heating, a split system, and a double remote garage with internal access enhance convenience. Located just 15 minutes from Moe shopping village, schools, and parks, this property provides easy access to essentials. Currently leased at $500 per week, it offers flexibility for buyers.
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2021 Population
Suburbs
Health Care and Social Assistance - 16.0%
Retail Trade - 12.0%
Public Administration and Safety - 9.0%
Education and Training - 8.0%
Others - 55.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
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
0%
91.5%
$299K
9.8%
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Try Picki for FREE-$35,000
-$10,458
4.7%
Asking Price
$580,000
Estimated Purchase Price
$615,000
Stamp Duty
$31,970
Transfer Fee
$1,545
Conveyancing
$1,196
Deposit (10%)
$61,500
Reg. Mortgage
$129
LMI Premium
$17,536
Renovation Costs
-
Total Cash/Equity Required
$114,425
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
$1,542
$2,012
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
$21,591
$31,300
Interest Repayments
$36,531
$36,531
Net Cashflow Before Tax
-$14,940
-$5,231
Depreciation
-
-
Tax Offset
-$4,482
-$1,569
Net Cashflow After Tax
-$10,458
-$3,662
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$619,440
$1,119,800
Loan Balance
I.O
$553,500
$553,500
$65,940
$566,300
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