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$485K
$77,284
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$500,000
Medium
$475,000
Low
$450,000
Confidence
Medium
Discover a spacious family home at 5 Spiny Way, Epsom. This modern architectural gem offers a harmonious blend of style and comfort, ideal for families or individuals. Located in a desirable suburb, it provides easy access to schools, parks, and a growing shopping center, balancing city convenience with suburban calm. The home features an open-plan living and dining area perfect for gatherings, and a chef's kitchen equipped with high-quality hardware and generous counter space. With three large bedrooms, including a master suite with an ensuite, this property offers privacy and relaxation. A roomy garage adds practical storage. Experience the charm and warmth of this potential dream home by scheduling a viewing today.
Trusted by over 13k property buyers and counting...
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72.5%
$595K
4.7%
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Try Picki for FREE$25,000
-$8,083
4.8%
Asking Price
$485,000
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
$1,710
$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
$15,183
$22,200
Interest Repayments
$26,730
$26,730
Net Cashflow Before Tax
-$11,547
-$4,530
Depreciation
-
-
Tax Offset
-$3,464
-$1,359
Net Cashflow After Tax
-$8,083
-$3,171
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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
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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
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
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
