The information provided is for general informational purposes only. While we strive for accuracy, we make no guarantees about the completeness or reliability of the content. Any reliance you place on this information is at your own risk, and we are not liable for any losses or damages arising from its use.
Additionally, our site may contain links to external websites, which we do not control. The inclusion of these links does not imply endorsement of their content. By using Picki, you accept this disclaimer and acknowledge that the information may not be suitable for all users.
© 2024 Picki. All rights reserved.
$1.1M
$185,975
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
High
-
Medium
-
Low
-
Confidence
21 Bayley Drive, Avenel offers a prestigious family living with 4 bedrooms, 2 bathrooms, and features stunning views on a spacious 2015m2 block. Modern design impresses with a showstopper kitchen equipped with Smeg appliances and stone benches. The outdoor area, equipped with a firepit and panoramic views, complements the luxurious interiors. Additional features include a 2-car garage, 8x10m shed, double-glazed windows, and zoned ducted heating/cooling. Close to schools, shops, and transport, this home delivers both luxury and convenience.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
82.5%
$340K
6.9%
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE$30,000
-$30,842
2.3%
Asking Price
$1,100,000
Estimated Purchase Price
$1,020,000
Stamp Duty
$56,100
Transfer Fee
$2,493
Conveyancing
$1,196
Deposit (10%)
$102,000
Reg. Mortgage
$129
LMI Premium
$29,084
Renovation Costs
-
Total Cash/Equity Required
$191,551
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
$60,588
$60,588
Net Cashflow Before Tax
-$44,060
-$36,462
Depreciation
-
-
Tax Offset
-$13,218
-$10,939
Net Cashflow After Tax
-$30,842
-$25,524
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,121,400
$2,027,224
Loan Balance
I.O
$918,000
$918,000
$203,400
$1,109,224
Below are some similar properties in the area you may be interested in.
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
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 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
