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Withheld
$144,008
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Try Picki for FREEConfidence
High
High
$900,000
Medium
$820,000
Low
$740,000
Confidence
Medium
Discover a radiant four-bedroom home that balances space, style, and convenience. Positioned on a prime allotment, this functional property promises low-maintenance living. The home offers an open-plan layout with a kitchen boasting stainless steel appliances and an additional formal lounge. Outdoors, enjoy the low-maintenance rear yard with alfresco. Four spacious bedrooms include a master with walk-in robe and ensuite, plus a central bathroom. Features ducted heating, evaporative cooling, stone benchtops, and block-out blinds. Conveniently located close to parks, public transport, Merrifield City, and schools.
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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
Transport, Postal and Warehousing - 20.0%
Manufacturing - 16.0%
Retail Trade - 9.0%
Construction - 8.0%
Others - 47.0%
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
0%
70.1%
$636K
4.4%
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Try Picki for FREE$10,000
-$17,866
3.7%
Asking Price
-
Estimated Purchase Price
$810,000
Stamp Duty
$43,670
Transfer Fee
$2,001
Conveyancing
$1,196
Deposit (10%)
$81,000
Reg. Mortgage
$129
LMI Premium
$23,096
Renovation Costs
-
Total Cash/Equity Required
$151,642
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$30,160
$42,927
Property Management
+7.7% PA
$2,322
$3,305
Rates
+3.0% PA
$1,981
$2,585
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
$22,592
$32,777
Interest Repayments
$48,114
$48,114
Net Cashflow Before Tax
-$25,522
-$15,337
Depreciation
-
-
Tax Offset
-$7,657
-$4,601
Net Cashflow After Tax
-$17,866
-$10,736
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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
$729,000
$729,000
$146,760
$854,166
