The information provided is for general informational purposes only. While we strive for accuracy, we make no guarantees about the completeness or reliability of the content. Any reliance you place on this information is at your own risk, and we are not liable for any losses or damages arising from its use.
Additionally, our site may contain links to external websites, which we do not control. The inclusion of these links does not imply endorsement of their content. By using Picki, you accept this disclaimer and acknowledge that the information may not be suitable for all users.
© 2025 Picki. All rights reserved.
$575K
$108,700
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
High
High
$570,000
Medium
$545,000
Low
$520,000
Confidence
Medium
This modern 3-bedroom, 2-bathroom home offers a blend of style and comfort. Built by Virtue Homes, it features high-quality craftsmanship. The open-plan living area is perfect for entertaining, complemented by a modern kitchen with ample storage. The master bedroom provides a luxurious retreat with an ensuite and walk-in robe, while the other bedrooms have built-in wardrobes. Nestled on a 352m2 block, the property includes a spacious backyard and side access for additional vehicles. Conveniently located near parks and Traralgon's CBD, this home offers a double garage, central heating, and split system cooling for added comfort.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
80.6%
$375K
6%
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE-$35,000
-$13,370
3.8%
Asking Price
$575,000
Estimated Purchase Price
$580,000
Stamp Duty
$29,870
Transfer Fee
$1,463
Conveyancing
$1,196
Deposit (10%)
$58,000
Reg. Mortgage
$129
LMI Premium
$16,538
Renovation Costs
-
Total Cash/Equity Required
$107,745
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$21,840
$31,085
Property Management
+7.7% PA
$1,682
$2,394
Rates
+3.0% PA
$1,542
$2,012
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
$15,351
$22,420
Interest Repayments
$34,452
$34,452
Net Cashflow Before Tax
-$19,101
-$12,032
Depreciation
-
-
Tax Offset
-$5,730
-$3,610
Net Cashflow After Tax
-$13,370
-$8,423
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$582,060
$1,052,226
Loan Balance
I.O
$522,000
$522,000
$60,060
$530,226
Below are some similar properties in the area you may be interested in.
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 - 16.0%
Retail Trade - 12.0%
Public Administration and Safety - 9.0%
Education and Training - 8.0%
Others - 55.0%
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
