Withheld
$1,746
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
$715,000
Medium
$685,000
Low
$655,000
Confidence
Medium
This Mickleham home is an impressive 4-bedroom, 2-bathroom residence combining luxury and functionality. With a unique dual-kitchen layout, it caters perfectly to culinary enthusiasts, featuring top-of-the-line appliances and abundant storage. The open-plan living and dining area, adorned with natural light and high ceilings, offers a warm atmosphere for entertaining. A spacious master suite with an ensuite and walk-in wardrobe provides a serene retreat. The property also includes a landscaped backyard ideal for barbecues, a double garage for secure parking, and proximity to schools, parks, shopping, and transport links.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
74.9%
$689K
4.3%
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$10,000
-$12,252
4.5%
Asking Price
-
Estimated Purchase Price
$675,000
Stamp Duty
$35,570
Transfer Fee
$1,685
Conveyancing
$1,196
Deposit (10%)
$67,500
Reg. Mortgage
$129
LMI Premium
$19,247
Renovation Costs
-
Total Cash/Equity Required
$125,876
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
$1,981
$2,585
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
$22,592
$32,777
Interest Repayments
$40,095
$40,095
Net Cashflow Before Tax
-$17,503
-$7,318
Depreciation
-
-
Tax Offset
-$5,251
-$2,195
Net Cashflow After Tax
-$12,252
-$5,123
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%
$731,580
$1,322,523
Loan Balance
I.O
$607,500
$607,500
$124,080
$715,023
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
Transport, Postal and Warehousing - 20.0%
Manufacturing - 16.0%
Retail Trade - 9.0%
Construction - 8.0%
Others - 47.0%
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 2024 to 2026
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