$368K
$54,466
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High
High
$780,000
Medium
$710,000
Low
$640,000
Confidence
Medium
$580/week
Street Statistics
Public Housing (%)
0%
Owner Occupiers (%)
65.6%
Median Street Sold Price
$701K
Median Street Rental Yield
4.5%
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Property
Very Good
Street
Good
Suburb
Very Good
Overall
Very Good
Under Market Value
$345,000
Net Cashflow PA
+
Gross Yield
9.0%
Purchase Costs
Asking Price
$364,000
Estimated Purchase Price
$335,000
Stamp Duty
$15,170
Transfer Fee
$890
Conveyancing
$1,196
Deposit (10%)
$33,500
Reg. Mortgage
$129
LMI Premium
$7,406
Renovation Costs
-
Total Cash/Equity Required
$58,840
Income Statement (Cashflow)
Income
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$30,160
$42,927
Expenses
Property Management
+7.7% PA
$2,322
$3,305
Rates
+3.0% PA
$1,567
$2,045
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
$23,006
$33,317
Interest Repayments
$19,899
$19,899
Net Cashflow Before Tax
$3,107
$13,418
Depreciation
-
-
Tax Offset
$932
$4,025
Net Cashflow After Tax
$2,175
$9,393
Balance Sheet
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Try Picki for FREEAssets
Assumptions
Year 1
Year 10
Property Value
6.8%
$726,240
$1,312,869
Liabilities
Loan Balance
I.O
$301,500
$301,500
Net Equity
$424,740
$1,011,369
Property Inspection Report
Property Overview
159 Athletic Cct is a well-designed property offering four bedrooms and two bathrooms. The master suite features a walk-in robe and private ensuite, while three other bedrooms include built-in robes and share a family bathroom. The spacious living area benefits from natural light, and the modern kitchen includes a separate pantry. Enjoy the convenience of a study nook, ducted heating, and split system cooling. Landscaped gardens with an undercover area add to the allure. Located near Casey Fields, Shopping on Clyde, and educational institutions, this home is a prime choice for downsizers, first-home buyers, or investors.
Inspection Checklist
- Verify the integrity of the ducted heating and split system cooling.
- Inspect the condition of floating floorboards, blinds, and fly screens.
- Check for any signs of wear in the kitchen and pantry.
- Examine the low maintenance landscaped gardens.
- Assess the natural light levels in the living area.
- Review proximity and accessibility to local amenities like Casey Fields and Shopping on Clyde.
- Determine the noise levels inside the home from surrounding areas.
Questions for Agent
- Can you provide details on the age and recent maintenance of the heating and cooling systems?
- How recent is the last renovation or upgrade of the kitchen and pantry?
- Are there any known issues or upcoming developments in the neighborhood?
- What are the parks and green spaces available near the property?
- Is there a body corporate or homeowners association fee?
- What schools are included in the local catchment area?
- Can you describe the typical utility costs for this property?
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Location Opportunity
City of Casey statistics
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.
365,239
2021 Population
28
Suburbs
Demand
Employment
Em
New project
Pr
lifestyle
Li
population
Po
Supply
New Supply
Su
Opportunity
Opportunity
Op
Em
Employment Industries
Diverse
Retail Trade - 16.0%
Health Care and Social Assistance - 13.0%
Education and Training - 12.0%
Construction - 10.0%
Others - 49.0%
income growth
Average
Average Income
COMMUTE TIME
25mins
13kms
Good
Pr
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Li
Po
Population Growth
Average Population
POPULATION vs SUPPLY
Balanced
Projected Population Growth
9.1%
projected
for 2025 to 2027
Very High
Su
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4.8%
High
SALES PRICE GROWTH
Monthly % Change in Median House Prices (Prev. Quarter)
RENTAL YIELD
Excellent
Average Rental Yield
VACANCY RATE
Very Good
Average Vacancy Rate
Days of Supply
Good
Average Days of Supply
Owner Occupier Level
No data available
VENDOR DISCOUNTING
Very Good
Average Population
Pricing
Sold Price
Asking Price
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