$655K
$122,059
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Try Picki for FREEConfidence
High
High
$695,000
Medium
$665,000
Low
$635,000
Confidence
Medium
Explore 5 Ginger Crescent, Mickleham—a stunning family home on a 350m block. Enjoy a wide entrance leading to a modern kitchen with ample bench space and stainless steel appliances. The open plan living and dining area enhances family life. The master bedroom offers a walk-in robe and ensuite, complemented by three additional bedrooms with built-in robes. Outside, relax in landscaped gardens. Features include ducted heating, evaporative cooling, alarm, and a double car garage. Close to schools, shopping, and public transport in a vibrant community.
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Try Picki for FREELocation, 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...
Try Picki for FREEAverage Population
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
Below are some similar properties in the area you may be interested in.
0%
86.9%
$675K
4.6%
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-$13,180
4.2%
Asking Price
$665,000
Estimated Purchase Price
$665,000
Stamp Duty
$34,970
Transfer Fee
$1,662
Conveyancing
$1,196
Deposit (10%)
$66,500
Reg. Mortgage
$129
LMI Premium
$18,962
Renovation Costs
-
Total Cash/Equity Required
$123,968
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,080
$39,967
Property Management
+7.7% PA
$2,162
$3,077
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
$20,672
$30,044
Interest Repayments
$39,501
$39,501
Net Cashflow Before Tax
-$18,829
-$9,457
Depreciation
-
-
Tax Offset
-$5,649
-$2,837
Net Cashflow After Tax
-$13,180
-$6,620
Unlock the power of Picki
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Year 1
Year 10
Property Value
6.8%
$710,220
$1,283,909
Loan Balance
I.O
$598,500
$598,500
$111,720
$685,409