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$585K
$123,014
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$630,000
Medium
$585,000
Low
$540,000
Confidence
Medium
Positioned in a highly desirable area, this property offers a rare opportunity to build your dream family home, subject to council approval (STCA). Multiple lots are available, ranging from 573m2 to 661m2, with varying frontages. Close proximity to schools, transport, shops, and recreational facilities enhances its appeal. Act swiftly, as only two of these prime blocks will be sold.
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2021 Population
Suburbs
Retail Trade - 14.0%
Health Care and Social Assistance - 14.0%
Construction - 11.0%
Accommodation and Food Services - 10.0%
Others - 51.0%
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
Below are some similar properties in the area you may be interested in.
0%
76.1%
$658K
173.1%
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Try Picki for FREE-$75,000
-$17,978
3.0%
Asking Price
$585,000
Estimated Purchase Price
$660,000
Stamp Duty
$34,670
Transfer Fee
$1,650
Conveyancing
$1,196
Deposit (10%)
$66,000
Reg. Mortgage
$129
LMI Premium
$18,819
Renovation Costs
-
Total Cash/Equity Required
$123,014
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$19,760
$28,125
Property Management
+7.7% PA
$1,522
$2,166
Rates
+3.0% PA
$1,452
$1,895
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
$13,521
$19,804
Interest Repayments
$39,204
$39,204
Net Cashflow Before Tax
-$25,683
-$19,400
Depreciation
-
-
Tax Offset
-$7,705
-$5,820
Net Cashflow After Tax
-$17,978
-$13,580
Unlock the power of Picki
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$624,780
$1,129,454
Loan Balance
I.O
$594,000
$594,000
$30,780
$535,454
