The information provided is for general informational purposes only. While we strive for accuracy, we make no guarantees about the completeness or reliability of the content. Any reliance you place on this information is at your own risk, and we are not liable for any losses or damages arising from its use.
Additionally, our site may contain links to external websites, which we do not control. The inclusion of these links does not imply endorsement of their content. By using Picki, you accept this disclaimer and acknowledge that the information may not be suitable for all users.
© 2024 Picki. All rights reserved.
$275K
$49,083
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
High
High
$340,000
Medium
$310,000
Low
$280,000
Confidence
Medium
This quality three-bedroom residence stands in a prime location within the Village, offering various impressive features. The well-equipped kitchen provides ample cupboard space, seamlessly connecting to the meals area with a charming bay window. The expansive living area also boasts a bay window and comes with a reverse cycle split system air conditioner for convenience. The first and second bedrooms include mirrored built-in robes and ceiling fans. Additional amenities include a separate bathroom, laundry, and toilet. Outside, a large lockup carport with an automatic door, a side fernery, and a spacious 7x3m covered outdoor area perfect for entertainment await. A garden shed and beautifully established surrounds enhance the appeal. A rear gate opens directly onto a reserve, allowing easy caravan access. Essential verifications are recommended for further assurance.
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
Agriculture, Forestry and Fishing - 19.0%
Manufacturing - 14.0%
Retail Trade - 11.0%
Health Care and Social Assistance - 11.0%
Others - 45.0%
Average Income
Create a free account to access the tools and information you need to make the best property investment decisions.
Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2024 to 2026
Create a free account to access the tools and information you need to make the best property investment decisions.
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
4%
69%
$270K
8.2%
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE-$10,000
-$3,995
6.2%
Asking Price
$310,000
Estimated Purchase Price
$320,000
Stamp Duty
$14,270
Transfer Fee
$855
Conveyancing
$1,196
Deposit (10%)
$32,000
Reg. Mortgage
$129
LMI Premium
$5,468
Renovation Costs
-
Total Cash/Equity Required
$54,467
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$19,760
$28,125
Property Management
+7.7% PA
$1,522
$2,166
Rates
+3.0% PA
$1,673
$2,183
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
$13,300
$19,516
Interest Repayments
$19,008
$19,008
Net Cashflow Before Tax
-$5,708
$508
Depreciation
-
-
Tax Offset
-$1,712
$152
Net Cashflow After Tax
-$3,995
$356
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$331,080
$598,514
Loan Balance
I.O
$288,000
$288,000
$43,080
$310,514
Below are some similar properties in the area you may be interested in.
