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$682K
$126,831
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Try Picki for FREEConfidence
High
High
$720,000
Medium
$680,000
Low
$640,000
Confidence
Medium
This Metricon home is a stunning blend of modern design and sustainability. Boasting a 7 Star energy rating, it features wide-open and light-filled spaces, perfect for contemporary living. The property includes high ceilings, durable floor coverings, and efficient systems like gas ducted heating and evaporative cooling for comfort. It offers a sleek kitchen with stone benchtops and stainless steel appliances. Complemented by a concrete driveway, double glazed windows, and a lifetime structural guarantee, this home promises lasting quality. However, potential buyers must consider additional costs as certain upgrades and site costs are not covered in the advertised package price.
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86.2%
$640K
4.1%
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-$13,278
4.2%
Asking Price
$681,870
Estimated Purchase Price
$680,000
Stamp Duty
$35,870
Transfer Fee
$1,697
Conveyancing
$1,196
Deposit (10%)
$68,000
Reg. Mortgage
$129
LMI Premium
$19,389
Renovation Costs
-
Total Cash/Equity Required
$126,831
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
Rates
+3.0% PA
$1,710
$2,231
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
$21,423
$31,081
Interest Repayments
$40,392
$40,392
Net Cashflow Before Tax
-$18,969
-$9,311
Depreciation
-
-
Tax Offset
-$5,691
-$2,793
Net Cashflow After Tax
-$13,278
-$6,518
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$726,240
$1,312,869
Loan Balance
I.O
$612,000
$612,000
$114,240
$700,869
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2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 12.0%
Education and Training - 9.0%
Manufacturing - 8.0%
Others - 53.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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projected
for 2024 to 2026
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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
