$560K
$103,928
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Try Picki for FREEConfidence
High
High
$680,000
Medium
$650,000
Low
$620,000
Confidence
Medium
This modern Langdon-built house, nestled in the serene suburb of Marong, is only five years old and perfect for first-time homebuyers or families. It boasts an open-plan kitchen and dining area, a light-filled living room, and a covered outdoor space for entertaining. The sleek kitchen is equipped with modern stainless steel appliances. The property has a double lock-up garage with internal access, side access for a caravan or boat, and a fully enclosed yard ideal for children or pets. The home offers year-round comfort with ducted heating and cooling, and it's conveniently located close to local amenities in a quiet, family-friendly neighborhood that is just minutes from Maiden Gully.
Trusted by over 13k property buyers and counting...
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86.2%
$640K
4.1%
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Try Picki for FREE$55,000
-$10,080
4.7%
Asking Price
$595,000
Estimated Purchase Price
$595,000
Stamp Duty
$30,770
Transfer Fee
$1,498
Conveyancing
$1,196
Deposit (10%)
$59,500
Reg. Mortgage
$129
LMI Premium
$16,966
Renovation Costs
-
Total Cash/Equity Required
$110,608
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
$1,710
$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
$20,943
$30,398
Interest Repayments
$35,343
$35,343
Net Cashflow Before Tax
-$14,400
-$4,945
Depreciation
-
-
Tax Offset
-$4,320
-$1,484
Net Cashflow After Tax
-$10,080
-$3,462
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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
$535,500
$535,500
$158,700
$719,448
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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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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