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$688K
$128,739
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Try Picki for FREEConfidence
High
High
$750,000
Medium
$695,000
Low
$640,000
Confidence
Medium
This modern 4-bedroom home in Parkview Estate spans a generous 693sqm and is perfect for family living. The property features a spacious open-plan living area, master bedroom with ensuite and walk-in robe, ducted heating, and evaporative cooling. It offers excellent side access for caravans or boats, landscaped low-maintenance grounds, and stunning park views. Conveniently located near schools and amenities, it generates a strong rental income. Currently tenanted until February 2025, it's a turnkey opportunity for potential investors.
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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 - 15.0%
Manufacturing - 13.0%
Agriculture, Forestry and Fishing - 13.0%
Retail Trade - 12.0%
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
0.6%
77.4%
$685K
4.9%
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Try Picki for FREE$5,000
-$12,738
4.4%
Asking Price
$687,500
Estimated Purchase Price
$690,000
Stamp Duty
$36,470
Transfer Fee
$1,720
Conveyancing
$1,196
Deposit (10%)
$69,000
Reg. Mortgage
$129
LMI Premium
$19,675
Renovation Costs
-
Total Cash/Equity Required
$128,739
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
$1,784
$2,328
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
$22,789
$33,034
Interest Repayments
$40,986
$40,986
Net Cashflow Before Tax
-$18,197
-$7,952
Depreciation
-
-
Tax Offset
-$5,459
-$2,386
Net Cashflow After Tax
-$12,738
-$5,566
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$742,260
$1,341,829
Loan Balance
I.O
$621,000
$621,000
$121,260
$720,829
