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$650K
$105,837
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Try Picki for FREEConfidence
High
High
$680,000
Medium
$650,000
Low
$620,000
Confidence
Medium
This charming weatherboard home, located in a prime area close to essential amenities, provides a mix of comfort, convenience, and modern living. It sits on a 311m² low-maintenance block, ideal for families, professionals, or investors. The home is within walking distance to primary schools, the railway station, medical facilities, restaurants, and a supermarket. It features three bedrooms, including a master suite with an ensuite and walk-in robe, and a modern family bathroom. The home has a well-appointed kitchen with stone benchtops and quality appliances, flowing into an open-plan meals and living area with access to a covered alfresco. Gas central heating and a single garage with internal access complete the property. This home offers rural tranquility with urban accessibility, with no owners corporation involved.
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71.4%
$670K
4.1%
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Try Picki for FREE$50,000
-$11,053
4.5%
Asking Price
$650,000
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
$27,040
$38,486
Property Management
+7.7% PA
$2,082
$2,963
Rates
+3.0% PA
$1,843
$2,405
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
$19,850
$28,858
Interest Repayments
$35,640
$35,640
Net Cashflow Before Tax
-$15,790
-$6,782
Depreciation
-
-
Tax Offset
-$4,737
-$2,035
Net Cashflow After Tax
-$11,053
-$4,747
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$694,200
$1,254,948
Loan Balance
I.O
$540,000
$540,000
$154,200
$714,948
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2021 Population
Suburbs
Health Care and Social Assistance - 12.0%
Retail Trade - 11.0%
Education and Training - 11.0%
Construction - 9.0%
Others - 57.0%
Average Income
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Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Disclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Average Population
projected
for 2025 to 2027
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Monthly % 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
