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$600K
$111,562
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$780,000
Medium
$750,000
Low
$720,000
Confidence
Medium
This modern home offers a low-maintenance lifestyle with upscale features. It is perfect for small families, investors, or anyone seeking a brand-new home feel. The property includes a master bedroom with a walk-in robe and ensuite, plus three bedrooms with built-in robes. The kitchen boasts high-end stainless steel appliances and a stone benchtop. With features such as refrigerated cooling and heating, a spacious laundry, and a remote-controlled double car garage, this north-facing home provides comfort and convenience. Positioned in Melbourne's northern growth corridor, it's near Club Mandalay and key local amenities, with easy access to the Hume Freeway.
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78.6%
$555K
4.7%
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Try Picki for FREE$25,000
-$15,921
3.5%
Asking Price
-
Estimated Purchase Price
$645,000
Stamp Duty
$33,770
Transfer Fee
$1,615
Conveyancing
$1,196
Deposit (10%)
$64,500
Reg. Mortgage
$129
LMI Premium
$18,391
Renovation Costs
-
Total Cash/Equity Required
$120,151
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$22,360
$31,825
Property Management
+7.7% PA
$1,722
$2,451
Rates
+3.0% PA
$1,805
$2,355
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
$15,568
$22,760
Interest Repayments
$38,313
$38,313
Net Cashflow Before Tax
-$22,745
-$15,553
Depreciation
-
-
Tax Offset
-$6,823
-$4,666
Net Cashflow After Tax
-$15,921
-$10,887
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$715,560
$1,293,562
Loan Balance
I.O
$580,500
$580,500
$135,060
$713,062
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
Public Administration and Safety - 15.0%
Health Care and Social Assistance - 12.0%
Education and Training - 11.0%
Retail Trade - 10.0%
Others - 52.0%
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
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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