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.
© 2025 Picki. All rights reserved.
$1.45M
$309,144
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
$1,700,000
Medium
$1,550,000
Low
$1,400,000
Confidence
Medium
Discover a modern 4-bedroom home on a quiet, leafy lane in old Mt Martha. Just steps from Birdrock Beach, enjoy a light-filled, open-plan living space complete with a stone island kitchen and stainless steel appliances. Unwind in the private outdoor courtyard featuring a new spa. With 2 living rooms, 4 bedrooms with built-in robes, including a master with an ensuite, this spacious home is perfect for year-round living or as a holiday retreat. A short drive to Mt Martha and Mornington shops and cafes, this property promises a stylish Peninsula lifestyle.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
87.6%
$943K
4.7%
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-$170,000
-$34,503
3.6%
Asking Price
$1,600,000
Estimated Purchase Price
$1,720,000
Stamp Duty
$94,600
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$172,000
Reg. Mortgage
$129
LMI Premium
$53,820
Renovation Costs
-
Total Cash/Equity Required
$325,910
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$62,400
$88,815
Property Management
+7.7% PA
$4,805
$6,839
Rates
+3.0% PA
$1,452
$1,895
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
$52,878
$75,821
Interest Repayments
$102,168
$102,168
Net Cashflow Before Tax
-$49,290
-$26,347
Depreciation
-
-
Tax Offset
-$14,787
-$7,904
Net Cashflow After Tax
-$34,503
-$18,443
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%
$1,655,400
$2,992,569
Loan Balance
I.O
$1,548,000
$1,548,000
$107,400
$1,444,569
Below are some similar properties in the area you may be interested in.
Location, 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%
Health Care and Social Assistance - 14.0%
Construction - 11.0%
Accommodation and Food Services - 10.0%
Others - 51.0%
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 2025 to 2027
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
