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$580K
$122,059
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Try Picki for FREEConfidence
Medium
High
$640,000
Medium
$580,000
Low
$520,000
Confidence
Not Applicable
This prime 1094m2 block at the entrance of Highbury Estate, Strathdale, benefits from a north-facing frontage, offering natural light and a welcoming atmosphere. The flat terrain provides an excellent foundation to build a stylish, spacious home in an exclusive area with limited land. Close to Kennington Village and Kennington Reservoir, the property offers easy access to shopping, dining, and quality schools, ideal for families. The allotments are ready to build on, ensuring a seamless transition to realizing your dream residence.
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86.7%
$860K
107.7%
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Try Picki for FREE-$75,000
-$30,717
-
Asking Price
$580,000
Estimated Purchase Price
$655,000
Stamp Duty
$34,370
Transfer Fee
$1,638
Conveyancing
$1,196
Deposit (10%)
$65,500
Reg. Mortgage
$129
LMI Premium
$18,677
Renovation Costs
-
Total Cash/Equity Required
$122,059
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$4,975
-$6,491
Interest Repayments
$38,907
$38,907
Net Cashflow Before Tax
-$43,882
-$45,398
Depreciation
-
-
Tax Offset
-$13,165
-$13,619
Net Cashflow After Tax
-$30,717
-$31,779
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$619,440
$1,119,800
Loan Balance
I.O
$589,500
$589,500
$29,940
$530,300
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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
