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$489K
$78,206
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Try Picki for FREEConfidence
High
High
$500,000
Medium
$475,000
Low
$450,000
Confidence
Medium
Discover this stunning home on a corner block in Brookfield. It boasts great proximity to schools like the new Binyap Primary, public transport, and freeway access. An investment gem, the property is leased to a fantastic tenant until June 7, 2025, at $1,603 per month. The home is low-maintenance and open-plan, ensuring comfortable living. The master bedroom offers a walk-in wardrobe and lavish ensuite. The open-plan area joins the kitchen, fitted with ample storage, stainless-steel appliances, and a corner pantry. Two additional bedrooms have built-in robes, while the central bathroom is spotless. The exterior features a low-maintenance yard and drive-through garage access. Other benefits are a single garage with remote and internal access, ducted heating, split system cooling, high ceilings, and more.
Trusted by over 13k property buyers and counting...
Try Picki for FREELocation, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
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...
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
Below are some similar properties in the area you may be interested in.
0%
73.9%
$581K
4.2%
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Try Picki for FREE$25,000
-$7,994
4.8%
Asking Price
$489,000
Estimated Purchase Price
$450,000
Stamp Duty
$22,070
Transfer Fee
$1,159
Conveyancing
$1,196
Deposit (10%)
$45,000
Reg. Mortgage
$129
LMI Premium
$9,948
Renovation Costs
-
Total Cash/Equity Required
$80,051
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$21,840
$31,085
Property Management
+7.7% PA
$1,682
$2,394
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
$15,309
$22,365
Interest Repayments
$26,730
$26,730
Net Cashflow Before Tax
-$11,421
-$4,365
Depreciation
-
-
Tax Offset
-$3,426
-$1,310
Net Cashflow After Tax
-$7,994
-$3,056
Unlock the power of Picki
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$507,300
$917,078
Loan Balance
I.O
$405,000
$405,000
$102,300
$512,078
