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$749K
$140,190
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$760,000
Medium
$720,000
Low
$680,000
Confidence
Medium
Discover a brand-new elegant residence at Riverdale Shopping Centre Tarneit, presented by Abishek Elawaadhi and Kamlesh Kamani of Reliance Real Estate. Experience luxury with premium floorboards, expansive open-plan living, and a spectacular indoor-outdoor entertainment setting. Four spacious bedrooms including a master with deluxe ensuite and walk-in robe provide comfortable living. A superbly equipped modern kitchen with stainless steel appliances and butler’s pantry enhances functionality. Features include a designer entrance, LED lighting, zoned heating and cooling, and a dual-access automated garage. The landscaped backyard and fully decked alfresco invite relaxation and entertaining.
Trusted by over 13k property buyers and counting...
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62.9%
$629K
4.6%
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Try Picki for FREE-$30,000
-$17,252
3.6%
Asking Price
$749,000
Estimated Purchase Price
$750,000
Stamp Duty
$40,070
Transfer Fee
$1,861
Conveyancing
$1,196
Deposit (10%)
$75,000
Reg. Mortgage
$129
LMI Premium
$21,385
Renovation Costs
-
Total Cash/Equity Required
$140,190
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
$44,550
$44,550
Net Cashflow Before Tax
-$24,646
-$15,621
Depreciation
-
-
Tax Offset
-$7,394
-$4,686
Net Cashflow After Tax
-$17,252
-$10,935
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$768,960
$1,390,097
Loan Balance
I.O
$675,000
$675,000
$93,960
$715,097
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
Transport, Postal and Warehousing - 13.0%
Retail Trade - 13.0%
Manufacturing - 10.0%
Education and Training - 10.0%
Others - 54.0%
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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