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$675K
$109,654
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Try Picki for FREEConfidence
High
High
$690,000
Medium
$655,000
Low
$620,000
Confidence
Medium
This stunning former display home in Epsom offers a blend of elegant design and family-friendly functionality. Featuring high ceilings, large rooms, and quality fixtures, the home includes a spacious main suite with a walk-in wardrobe and ensuite. The thoughtfully designed floor plan separates adult and children's activities, with formal and informal entertaining areas. A modern kitchen with new appliances serves as the heart of the home, opening to a paved alfresco area. Additional features include ducted heating/cooling, solar hot water, and a double garage. The property is currently rented with a tenant eager to stay.
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68.9%
$453K
6.1%
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Try Picki for FREE$65,000
-$7,856
5.3%
Asking Price
$675,000
Estimated Purchase Price
$590,000
Stamp Duty
$30,470
Transfer Fee
$1,486
Conveyancing
$1,196
Deposit (10%)
$59,000
Reg. Mortgage
$129
LMI Premium
$16,823
Renovation Costs
-
Total Cash/Equity Required
$109,654
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+7.7% PA
$2,402
$3,419
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
$23,823
$34,497
Interest Repayments
$35,046
$35,046
Net Cashflow Before Tax
-$11,223
-$549
Depreciation
-
-
Tax Offset
-$3,367
-$165
Net Cashflow After Tax
-$7,856
-$384
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$699,540
$1,264,602
Loan Balance
I.O
$531,000
$531,000
$168,540
$733,602
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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...
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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
