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$640K
$119,197
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Try Picki for FREEConfidence
High
High
$680,000
Medium
$650,000
Low
$620,000
Confidence
Medium
Discover an exceptional investment opportunity with this elegant, modern family home. Boasting impressive street presence, the property features four spacious bedrooms, including a main bedroom with an ensuite and walk-in robe. The open-plan living and dining areas flow seamlessly to outdoor spaces, complemented by a modern kitchen with ample bench space and a 900mm oven. Comfort features include a split system for heating and cooling, and ducted heating throughout. Secure double garage parking is available. Conveniently positioned near parks, schools, and shopping centres, this property offers a perfect blend of style, comfort, and convenience.
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74.9%
$689K
4.3%
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Try Picki for FREE$10,000
-$10,797
4.7%
Asking Price
$640,000
Estimated Purchase Price
$640,000
Stamp Duty
$33,470
Transfer Fee
$1,603
Conveyancing
$1,196
Deposit (10%)
$64,000
Reg. Mortgage
$129
LMI Premium
$18,249
Renovation Costs
-
Total Cash/Equity Required
$119,197
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
$38,016
$38,016
Net Cashflow Before Tax
-$15,424
-$5,239
Depreciation
-
-
Tax Offset
-$4,627
-$1,572
Net Cashflow After Tax
-$10,797
-$3,667
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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
$576,000
$576,000
$118,200
$678,948
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2021 Population
Suburbs
Transport, Postal and Warehousing - 20.0%
Manufacturing - 16.0%
Retail Trade - 9.0%
Construction - 8.0%
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
