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$1,746
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Medium
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Confidence
This charming two-storey home on Seacombe Grove offers a serene escape in a cozy boutique area near Somerville town center. Designed for easy living, the house features high ceilings and stylish driftwood flooring throughout spacious separate living and dining areas. The modern kitchen is equipped with stone benchtops and stainless steel appliances. A low-maintenance courtyard garden is ideal for outdoor relaxation, while the master bedroom includes a walk-in robe and ensuite. With split systems, gas ducted heating, and a double garage, this residence combines comfort with convenience, just a short walk from schools, shops, and public transport.
Trusted by over 13k property buyers and counting...
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69.8%
$715K
4.7%
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Try Picki for FREE$245,000
-$5,705
6.0%
Asking Price
$730,000
Estimated Purchase Price
$785,000
Stamp Duty
$42,170
Transfer Fee
$1,943
Conveyancing
$1,196
Deposit (10%)
$78,500
Reg. Mortgage
$129
LMI Premium
$22,383
Renovation Costs
-
Total Cash/Equity Required
$146,870
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$46,800
$66,611
Property Management
+7.7% PA
$3,604
$5,129
Rates
+3.0% PA
$1,452
$1,895
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
$38,479
$55,327
Interest Repayments
$46,629
$46,629
Net Cashflow Before Tax
-$8,150
$8,698
Depreciation
-
-
Tax Offset
-$2,445
$2,609
Net Cashflow After Tax
-$5,705
$6,089
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,100,040
$1,988,611
Loan Balance
I.O
$706,500
$706,500
$393,540
$1,282,111
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2021 Population
Suburbs
Retail Trade - 14.0%
Health Care and Social Assistance - 14.0%
Construction - 11.0%
Accommodation and Food Services - 10.0%
Others - 51.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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projected
for 2025 to 2027
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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
