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$685K
$111,562
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$669,000
Medium
$625,000
Low
$581,000
Confidence
Not Found
Discover a remarkable opportunity in Cardigan Village with this spacious 7,164m2 (approximately 1.77 acres) vacant land parcel. Positioned in a serene residential area, the land provides ample room for various potential uses, ideal for building a dream home. Enjoy the balance of quiet living with convenient access to local amenities like Lucas Town Centre, schools, and shops. The picturesque natural surroundings make it perfect for gardening or developing additional structures like sheds, subject to council approval. Don't miss the chance to create your ideal property here.
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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 - 19.0%
Retail Trade - 12.0%
Education and Training - 11.0%
Manufacturing - 9.0%
Others - 49.0%
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
0%
100%
-
-
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Try Picki for FREE$25,000
-$28,547
-
Asking Price
$685,000
Estimated Purchase Price
$600,000
Stamp Duty
$31,070
Transfer Fee
$1,510
Conveyancing
$1,196
Deposit (10%)
$60,000
Reg. Mortgage
$129
LMI Premium
$17,108
Renovation Costs
-
Total Cash/Equity Required
$111,562
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,877
$2,449
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
-$5,142
-$6,709
Interest Repayments
$35,640
$35,640
Net Cashflow Before Tax
-$40,782
-$42,349
Depreciation
-
-
Tax Offset
-$12,235
-$12,705
Net Cashflow After Tax
-$28,547
-$29,644
Unlock the power of Picki
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$667,500
$1,206,681
Loan Balance
I.O
$540,000
$540,000
$127,500
$666,681
