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$555K
$99,417
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Try Picki for FREEConfidence
High
High
$600,000
Medium
$560,000
Low
$520,000
Confidence
Medium
Dive into a prime opportunity at 3 Lyric Court, Canadian. This modern family home stands at an enviable location near Midvale Shopping Centre, schools, and scenic parklands. It's a perfect blend of convenience and comfort. Enjoy the easy access to Canadian Lake and surrounding walking tracks. Inside, the inviting living area sets the stage for relaxation and gatherings, complemented by a stylish and functional open-plan kitchen-dining area. With four well-sized bedrooms featuring natural light and built-in storage, plus two well-appointed bathrooms, this home ensures utmost comfort. The low-maintenance outdoor area is perfect for alfresco dining or quiet moments. Currently tenanted, this property shines as both a family retreat and a strong investment opportunity.
Trusted by over 13k property buyers and counting...
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74.5%
$518K
4.8%
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-$11,765
4.2%
Asking Price
$560,000
Estimated Purchase Price
$560,000
Stamp Duty
$28,670
Transfer Fee
$1,416
Conveyancing
$1,196
Deposit (10%)
$56,000
Reg. Mortgage
$129
LMI Premium
$15,968
Renovation Costs
-
Total Cash/Equity Required
$103,928
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
Rates
+3.0% PA
$1,877
$2,449
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
$16,456
$24,032
Interest Repayments
$33,264
$33,264
Net Cashflow Before Tax
-$16,808
-$9,232
Depreciation
-
-
Tax Offset
-$5,042
-$2,770
Net Cashflow After Tax
-$11,765
-$6,463
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$598,080
$1,081,186
Loan Balance
I.O
$504,000
$504,000
$94,080
$577,186
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2021 Population
Suburbs
Health Care and Social Assistance - 19.0%
Retail Trade - 12.0%
Education and Training - 11.0%
Manufacturing - 9.0%
Others - 49.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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projected
for 2025 to 2027
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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
