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$754K
$126,831
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Try Picki for FREEConfidence
Medium
High
$780,000
Medium
$730,000
Low
$680,000
Confidence
Low
Nestled in the serene town of Avenel, Victoria, this house and land package, 'Parkview 31', presents a great opportunity for families seeking tranquility and rural charm. The package boasts standard inclusions such as a Colorbond steel roof, reverse cycle split system, and 600mm stainless steel appliances. Avenel offers local amenities, parks, and proximity to the Goulburn River, ideal for outdoor lovers. With community spirit and a 7-star energy rating, this offering ensures a sustainable and comfortable lifestyle.
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82.5%
$340K
6.9%
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Try Picki for FREE$15,000
-$18,160
3.3%
Asking Price
$753,740
Estimated Purchase Price
$715,000
Stamp Duty
$37,970
Transfer Fee
$1,779
Conveyancing
$1,196
Deposit (10%)
$71,500
Reg. Mortgage
$129
LMI Premium
$20,387
Renovation Costs
-
Total Cash/Equity Required
$133,511
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
Rates
+3.0% PA
$1,805
$2,355
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
$16,528
$24,126
Interest Repayments
$42,471
$42,471
Net Cashflow Before Tax
-$25,943
-$18,345
Depreciation
-
-
Tax Offset
-$7,783
-$5,504
Net Cashflow After Tax
-$18,160
-$12,842
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$779,640
$1,409,404
Loan Balance
I.O
$643,500
$643,500
$136,140
$765,904
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
Public Administration and Safety - 15.0%
Health Care and Social Assistance - 12.0%
Education and Training - 11.0%
Retail Trade - 10.0%
Others - 52.0%
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
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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