$620K
$115,379
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Try Picki for FREEConfidence
High
High
$680,000
Medium
$655,000
Low
$630,000
Confidence
Medium
In the heart of Epsom, a spacious family home on a large 2100m2 block offers versatile living. Just moments from Epsom Shopping Village, this property is ideal for families or potentially a medical clinic. It features 4 large bedrooms, 3 with built-in robes, and an oversized master with a walk-through robe and ensuite. The open plan kitchen, dining, and living area, a separate lounge with wood heating, and modern amenities like split system and ducted cooling, ensure comfort. Add a large veranda, a two-car carport, and ample shed space for an outstanding opportunity.
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68.9%
$453K
6.1%
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Try Picki for FREE$25,000
-$9,520
5.0%
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
$31,200
$44,407
Property Management
+7.7% PA
$2,402
$3,419
Rates
+3.0% PA
$1,710
$2,231
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
$23,823
$34,497
Interest Repayments
$37,422
$37,422
Net Cashflow Before Tax
-$13,599
-$2,925
Depreciation
-
-
Tax Offset
-$4,080
-$878
Net Cashflow After Tax
-$9,520
-$2,048
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$699,540
$1,264,602
Loan Balance
I.O
$567,000
$567,000
$132,540
$697,602
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2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 12.0%
Education and Training - 9.0%
Manufacturing - 8.0%
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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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