$639K
$131,602
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Try Picki for FREEConfidence
High
High
$650,000
Medium
$610,000
Low
$570,000
Confidence
Not Applicable
This property reflects sleek modern design with wide-open, light-filled spaces promoting sustainable and innovative living. It offers a 7 Star energy efficient home, complete with quality finishes including laminate flooring, carpeted bedrooms, and stainless steel appliances. With fixed site costs and a lifetime structural guarantee, it accommodates future family growth. However, certain upgrades and landscaping are excluded from the listed price, with varying costs based on local government laws and developer approvals.
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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 - 18.0%
Retail Trade - 12.0%
Education and Training - 9.0%
Manufacturing - 8.0%
Others - 53.0%
Average Income
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Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Disclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Average Population
projected
for 2025 to 2027
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Monthly % 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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0%
80.3%
$550K
5.3%
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-$31,965
-
Asking Price
$637,347
Estimated Purchase Price
$685,000
Stamp Duty
$36,170
Transfer Fee
$1,709
Conveyancing
$1,196
Deposit (10%)
$68,500
Reg. Mortgage
$129
LMI Premium
$19,532
Renovation Costs
-
Total Cash/Equity Required
$127,785
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
$40,689
$40,689
Net Cashflow Before Tax
-$45,664
-$47,180
Depreciation
-
-
Tax Offset
-$13,699
-$14,154
Net Cashflow After Tax
-$31,965
-$33,026
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$651,480
$1,177,721
Loan Balance
I.O
$616,500
$616,500
$34,980
$561,221