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$345K
$50,878
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$370,000
Medium
$345,000
Low
$320,000
Confidence
Medium
Discover your chance to build a dream home on this expansive 800m2 lot, ready for development. With fully approved planning permits valid for two years and all required working drawings included, take the first step toward your future in a prime location. You can opt for the exquisite three-bedroom, two-bathroom designed by Storybook Designs or bring your vision to life. The property is fenced on three sides and offers dual rear laneway access, set just 1.5 km from Cockatoo and under 10 minutes to Emerald. Enjoy the scenic elevated views over natural bushland while being less than 15 minutes from Pakenham.
Trusted by over 13k property buyers and counting...
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94.2%
$774K
203.8%
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Try Picki for FREE$45,000
-$4,198
6.1%
Asking Price
$345,000
Estimated Purchase Price
$300,000
Stamp Duty
$13,070
Transfer Fee
$808
Conveyancing
$1,196
Deposit (10%)
$30,000
Reg. Mortgage
$129
LMI Premium
$5,126
Renovation Costs
-
Total Cash/Equity Required
$50,878
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$18,200
$25,904
Property Management
+7.7% PA
$1,401
$1,995
Rates
+3.0% PA
$1,711
$2,232
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
$11,823
$17,417
Interest Repayments
$17,820
$17,820
Net Cashflow Before Tax
-$5,997
-$403
Depreciation
-
-
Tax Offset
-$1,799
-$121
Net Cashflow After Tax
-$4,198
-$282
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$368,460
$666,088
Loan Balance
I.O
$270,000
$270,000
$98,460
$396,088
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2021 Population
Suburbs
Retail Trade - 13.0%
Construction - 13.0%
Education and Training - 11.0%
Health Care and Social Assistance - 10.0%
Others - 53.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
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
