$729K
$136,373
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Try Picki for FREEConfidence
High
High
$755,000
Medium
$725,000
Low
$695,000
Confidence
Medium
Mandalay Complete offers a stress-free homebuilding experience with a turnkey home under construction, ready by Christmas. A convenient payment plan and fixed-price package include modern features and appliances, ducted heating and cooling, secure fencing, and elegant finishes throughout. The 2590mm ceilings and stone benchtops add style, while solar hot water and fiber-optic connectivity highlight efficiency. Just 10% deposit secures your future home in this fully inclusive package.
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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
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 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
0%
87.4%
$692K
3.8%
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Try Picki for FREE-$5,000
-$18,784
3.2%
Asking Price
$729,000
Estimated Purchase Price
$730,000
Stamp Duty
$38,870
Transfer Fee
$1,814
Conveyancing
$1,196
Deposit (10%)
$73,000
Reg. Mortgage
$129
LMI Premium
$20,815
Renovation Costs
-
Total Cash/Equity Required
$136,373
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
$43,362
$43,362
Net Cashflow Before Tax
-$26,834
-$19,236
Depreciation
-
-
Tax Offset
-$8,050
-$5,771
Net Cashflow After Tax
-$18,784
-$13,465
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$774,300
$1,399,750
Loan Balance
I.O
$657,000
$657,000
$117,300
$742,750
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