$550K
$112,517
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$620,000
Medium
$595,000
Low
$570,000
Confidence
Medium
This recently completed and unoccupied family home offers modern design and luxury in a quiet cul-de-sac on a 649 sqm allotment. Highlighted by a stylish central kitchen with stone benches, a large gas cooker, and walk-in pantry, the home includes an open informal living space with plenty of natural light. Featuring four bedrooms with BIRs, a separate home office, a formal living room, and a covered alfresco space, it's ideal for relaxing family life. Located near local clubs and sports facilities and eligible for first home buyer grants, this home combines comfort and convenience.
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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
Health Care and Social Assistance - 16.0%
Retail Trade - 12.0%
Public Administration and Safety - 9.0%
Education and Training - 8.0%
Others - 55.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
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
2.3%
76.4%
$450K
4.3%
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Try Picki for FREE-$35,000
-$11,082
4.5%
Asking Price
$595,000
Estimated Purchase Price
$630,000
Stamp Duty
$32,870
Transfer Fee
$1,580
Conveyancing
$1,196
Deposit (10%)
$63,000
Reg. Mortgage
$129
LMI Premium
$17,964
Renovation Costs
-
Total Cash/Equity Required
$117,288
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
$1,542
$2,012
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
$21,591
$31,300
Interest Repayments
$37,422
$37,422
Net Cashflow Before Tax
-$15,831
-$6,122
Depreciation
-
-
Tax Offset
-$4,749
-$1,837
Net Cashflow After Tax
-$11,082
-$4,285
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$635,460
$1,148,760
Loan Balance
I.O
$567,000
$567,000
$68,460
$581,760
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