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$655K
$122,059
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Try Picki for FREEConfidence
High
High
$690,000
Medium
$660,000
Low
$630,000
Confidence
Medium
Welcome to 909 Morris Road, Truganina in the coveted Elements Estate. This impressive, east-facing 4-bedroom, 2-bathroom home is perfect for families seeking comfort and modernity. With two levels, enjoy spacious living rooms, a modern kitchen with a dishwasher, and a convenient powder room on the ground floor. Upstairs, the master suite features an ensuite and walk-in robe, complemented by three bedrooms with built-in robes. The home offers ducted heating, split systems, a secure two-car space, and a fully fenced yard. Its location is ideal, near Tarneit Station, shopping, and excellent schools.
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70.5%
$641K
4.6%
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-$12,502
4.3%
Asking Price
$660,000
Estimated Purchase Price
$660,000
Stamp Duty
$34,670
Transfer Fee
$1,650
Conveyancing
$1,196
Deposit (10%)
$66,000
Reg. Mortgage
$129
LMI Premium
$18,819
Renovation Costs
-
Total Cash/Equity Required
$123,014
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
Rates
+3.0% PA
$1,789
$2,334
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
$21,344
$30,978
Interest Repayments
$39,204
$39,204
Net Cashflow Before Tax
-$17,860
-$8,226
Depreciation
-
-
Tax Offset
-$5,358
-$2,468
Net Cashflow After Tax
-$12,502
-$5,758
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$704,880
$1,274,255
Loan Balance
I.O
$594,000
$594,000
$110,880
$680,255
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2021 Population
Suburbs
Transport, Postal and Warehousing - 13.0%
Retail Trade - 13.0%
Manufacturing - 10.0%
Education and Training - 10.0%
Others - 54.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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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
