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Withheld
$1,746
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Try Picki for FREEConfidence
High
High
$720,000
Medium
$680,000
Low
$640,000
Confidence
Medium
Experience luxury in the Mimosa Display home at the renowned Botanical Estate in Mickleham. This double-storey home, set on 448 sqm of land, features 42 squares of modern living. Enjoy two expansive open-plan living areas and a central kitchen with 60mm engineered stone benchtops. The property boasts high ceilings, an upgraded façade, an exposed aggregate driveway, and an inviting alfresco area. Ideal for families seeking spacious, stylish living.
Trusted by over 13k property buyers and counting...
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86.9%
$675K
4.6%
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Try Picki for FREE$40,000
-$10,797
4.7%
Asking Price
-
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%
$726,240
$1,312,869
Loan Balance
I.O
$576,000
$576,000
$150,240
$736,869
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
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...
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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
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