Withheld
$147,825
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
High
$900,000
Medium
$825,000
Low
$750,000
Confidence
Medium
Discover your dream home at Ellarook, a vibrant community just 25 minutes from Melbourne's city center. This new 28 sq ft family home offers an ambiance of luxury and comfort, featuring a master bedroom with ensuite, three additional bedrooms with built-in robes, and a modern central bathroom. The outdoor alfresco area and spacious backyard invite year-round enjoyment. This home contains a massive family dining room and a separate study, with high-quality fixtures throughout including stone bench tops, high-designed doors, and full-height bathroom tiles. Enjoy evaporative cooling, ducted heating, and a security alarm system. Experience a connected lifestyle with top schools and amenities nearby.
Trusted by over 13k property buyers and counting...
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
Transport, Postal and Warehousing - 13.0%
Retail Trade - 13.0%
Manufacturing - 10.0%
Education and Training - 10.0%
Others - 54.0%
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
0%
75.5%
$641K
4.5%
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-
-$20,371
3.3%
Asking Price
$825,000
Estimated Purchase Price
$825,000
Stamp Duty
$44,570
Transfer Fee
$2,036
Conveyancing
$1,196
Deposit (10%)
$82,500
Reg. Mortgage
$129
LMI Premium
$23,524
Renovation Costs
-
Total Cash/Equity Required
$154,505
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$27,040
$38,486
Property Management
+7.7% PA
$2,082
$2,963
Rates
+3.0% PA
$1,789
$2,334
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
$19,904
$28,929
Interest Repayments
$49,005
$49,005
Net Cashflow Before Tax
-$29,101
-$20,076
Depreciation
-
-
Tax Offset
-$8,730
-$6,023
Net Cashflow After Tax
-$20,371
-$14,053
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%
$881,100
$1,592,819
Loan Balance
I.O
$742,500
$742,500
$138,600
$850,319
Below are some similar properties in the area you may be interested in.