$620K
$115,379
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Try Picki for FREEConfidence
High
High
$680,000
Medium
$650,000
Low
$620,000
Confidence
Medium
Discover modern family living in this 5-year-old home located in Marong's premier estate. With a prime location near local amenities, this residence ensures a vibrant lifestyle. The house features four spacious bedrooms, including a luxurious master suite. An open-plan kitchen with high-end appliances and a walk-in pantry caters to all culinary needs. Multiple living areas provide flexibility and comfort, while ducted heating and cooling ensure year-round climate control. Outdoor entertaining is made easy with a covered patio, and the double garage offers convenient access. Set on a 749m2 block, this property promises a ready-to-enjoy lifestyle with landscaped gardens and secure fencing.
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86.2%
$640K
4.1%
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Try Picki for FREE$30,000
-$10,784
4.6%
Asking Price
$620,000
Estimated Purchase Price
$620,000
Stamp Duty
$32,270
Transfer Fee
$1,557
Conveyancing
$1,196
Deposit (10%)
$62,000
Reg. Mortgage
$129
LMI Premium
$17,679
Renovation Costs
-
Total Cash/Equity Required
$115,379
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
$1,710
$2,231
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
$21,423
$31,081
Interest Repayments
$36,828
$36,828
Net Cashflow Before Tax
-$15,405
-$5,747
Depreciation
-
-
Tax Offset
-$4,622
-$1,724
Net Cashflow After Tax
-$10,784
-$4,023
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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
$558,000
$558,000
$136,200
$696,948
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2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 12.0%
Education and Training - 9.0%
Manufacturing - 8.0%
Others - 53.0%
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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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