$765K
$161,184
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
$800,000
Medium
$765,000
Low
$730,000
Confidence
Medium
Discover a charming Porter Davis home in Lomandra. This Hamptons-inspired residence offers 923 sqm of space with stunning features. The kitchen, complete with quartz benchtops and Italian tile backsplash, is perfect for keen cooks. Bright and airy, this home includes a master suite with a private ensuite and walk-in wardrobe, plus three additional bedrooms. A second living area serves as a cozy library, leading to an impressive outdoor entertaining space. The backyard boasts a gardeners’ paradise with a vegetable garden and fruit trees. Located in Romsey, it offers easy access to Melbourne CBD, combining serenity and convenience.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
95%
$863K
3.6%
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-$55,000
-$15,833
4.1%
Asking Price
$765,000
Estimated Purchase Price
$820,000
Stamp Duty
$44,270
Transfer Fee
$2,025
Conveyancing
$1,196
Deposit (10%)
$82,000
Reg. Mortgage
$129
LMI Premium
$23,381
Renovation Costs
-
Total Cash/Equity Required
$153,550
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,800
$48,108
Property Management
+7.7% PA
$2,603
$3,704
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
$26,089
$37,739
Interest Repayments
$48,708
$48,708
Net Cashflow Before Tax
-$22,619
-$10,969
Depreciation
-
-
Tax Offset
-$6,786
-$3,291
Net Cashflow After Tax
-$15,833
-$7,678
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%
$817,020
$1,476,978
Loan Balance
I.O
$738,000
$738,000
$79,020
$738,978
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 - 12.0%
Retail Trade - 11.0%
Education and Training - 11.0%
Construction - 9.0%
Others - 57.0%
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