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$545K
$84,662
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$530,000
Medium
$480,000
Low
$430,000
Confidence
Not Found
Discover a prime opportunity in the thriving area of Cardigan with this titled, ready-to-build allotment in the Avenue Hill Estate. Just a short 9-minute drive to Lucas shopping center and schools, and about 10-15 minutes from the CBD, this 2918m2 lot provides ample space for your dream home, pool, and additional structures. With a frontage of 35.1m and a depth of 60.3m, this fully serviced land offers rare potential in a highly desirable location.
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100%
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-
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Try Picki for FREE-$65,000
-$23,350
-
Asking Price
$545,000
Estimated Purchase Price
$475,000
Stamp Duty
$23,570
Transfer Fee
$1,217
Conveyancing
$1,196
Deposit (10%)
$47,500
Reg. Mortgage
$129
LMI Premium
$10,500
Renovation Costs
-
Total Cash/Equity Required
$84,662
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,877
$2,449
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
-$5,142
-$6,709
Interest Repayments
$28,215
$28,215
Net Cashflow Before Tax
-$33,357
-$34,924
Depreciation
-
-
Tax Offset
-$10,007
-$10,477
Net Cashflow After Tax
-$23,350
-$24,447
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Year 1
Year 10
Property Value
6.8%
$437,880
$791,583
Loan Balance
I.O
$427,500
$427,500
$10,380
$364,083
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2021 Population
Suburbs
Health Care and Social Assistance - 19.0%
Retail Trade - 12.0%
Education and Training - 11.0%
Manufacturing - 9.0%
Others - 49.0%
Average Income
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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
