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$870K
$163,093
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$860,000
Medium
$820,000
Low
$780,000
Confidence
Medium
This new family home in Burnside delivers both comfort and convenience. With four bedrooms, including a master suite with an ensuite, and two bathrooms, it suits growing families. The home features two living areas and a stylish kitchen that leads to an open dining and living space, extending to a covered alfresco for outdoor entertainment. Situated on a 448m block with a double garage, it's close to schools, parks, and shopping centers, offering easy access to essentials.
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93.8%
$900K
3.6%
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Try Picki for FREE-$40,000
-$17,315
3.9%
Asking Price
$860,000
Estimated Purchase Price
$860,000
Stamp Duty
$46,670
Transfer Fee
$2,118
Conveyancing
$1,196
Deposit (10%)
$86,000
Reg. Mortgage
$129
LMI Premium
$24,522
Renovation Costs
-
Total Cash/Equity Required
$161,184
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,800
$48,108
Property Management
+7.7% PA
$2,603
$3,704
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
$26,348
$38,077
Interest Repayments
$51,084
$51,084
Net Cashflow Before Tax
-$24,736
-$13,007
Depreciation
-
-
Tax Offset
-$7,421
-$3,902
Net Cashflow After Tax
-$17,315
-$9,105
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$875,760
$1,583,166
Loan Balance
I.O
$774,000
$774,000
$101,760
$809,166
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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...
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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
