Withheld
$131,602
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Try Picki for FREEConfidence
High
High
$780,000
Medium
$750,000
Low
$720,000
Confidence
Medium
$600/week
Street Statistics
Public Housing (%)
0%
Owner Occupiers (%)
86.9%
Median Street Sold Price
$675K
Median Street Rental Yield
4.6%
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Property
Very Good
Street
Very Good
Suburb
Very Good
Overall
Very Good
Under Market Value
$10,000
Net Cashflow PA
-$14,283
Gross Yield
4.2%
Purchase Costs
Asking Price
-
Estimated Purchase Price
$740,000
Stamp Duty
$39,470
Transfer Fee
$1,837
Conveyancing
$1,196
Deposit (10%)
$74,000
Reg. Mortgage
$129
LMI Premium
$21,100
Renovation Costs
-
Total Cash/Equity Required
$138,282
Income Statement (Cashflow)
Income
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Expenses
Property Management
+7.7% PA
$2,402
$3,419
Rates
+3.0% PA
$1,981
$2,585
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
$23,552
$34,143
Interest Repayments
$43,956
$43,956
Net Cashflow Before Tax
-$20,404
-$9,813
Depreciation
-
-
Tax Offset
-$6,121
-$2,944
Net Cashflow After Tax
-$14,283
-$6,869
Balance Sheet
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Try Picki for FREEAssets
Assumptions
Year 1
Year 10
Property Value
6.8%
$801,000
$1,448,017
Liabilities
Loan Balance
I.O
$666,000
$666,000
Net Equity
$135,000
$782,017
Property Inspection Report
Property Overview
This luxurious family home on a 579sqm block offers 4 bedrooms and 3 bathrooms, featuring high-end finishes throughout. Ideal for family living, it includes 2 master bedrooms with ensuites and walk-in robes, 2 spacious living areas, and an open-plan living room linked to a designer kitchen with a stone island bench and a butler's pantry. The home’s sophisticated style combines functionality with modern design, including a double garage for secure parking. Conveniently located near schools and shopping centers, it ensures easy access to amenities and transportation routes.
Inspection Checklist
- Verify the size and dimensions of the 579sqm block.
- Check the condition and quality of high-end finishes and upgrades.
- Inspect the size and layout of both master bedrooms including ensuites.
- Evaluate the functionality of the open-plan living and dining area.
- Confirm the quality and brand of 900mm cooking appliances and dishwasher.
- Review the storage available in the butler's pantry.
- Assess the natural light in all bedrooms.
- Inspect the condition and size of the double garage space.
- Evaluate the proximity to shopping centers and schools as mentioned.
Questions for Agent
- Can you confirm the exact location and block size of the property?
- What upgrades have been made to the property recently?
- Are there any warranties or guarantees on the appliances in the kitchen?
- Could you provide more details on the heating/cooling systems available?
- How is the neighborhood in terms of community and safety?
- Can you provide information on the recent property tax and utility bills?
- What public transport options are available nearby?
- Are there any future developments planned in the area?
- What are the options for high-speed internet in this location?
- Could you explain any potential noise or traffic issues due to proximity to major roads?
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Location Opportunity
City of Hume statistics
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.
243,901
2021 Population
22
Suburbs
Demand
Employment
Em
New project
Pr
lifestyle
Li
population
Po
Supply
New Supply
Su
Opportunity
Opportunity
Op
Em
Employment Industries
Poor
Transport, Postal and Warehousing - 20.0%
Manufacturing - 16.0%
Retail Trade - 9.0%
Construction - 8.0%
Others - 47.0%
income growth
Low
Average Income
COMMUTE TIME
20mins
11kms
Very Good
Pr
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Li
Po
Population Growth
Average Population
POPULATION vs SUPPLY
Balanced
Projected Population Growth
7.0%
projected
for 2025 to 2027
Very High
Su
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3.0%
High
SALES PRICE GROWTH
Monthly % Change in Median House Prices (Prev. Quarter)
RENTAL YIELD
Excellent
Average Rental Yield
VACANCY RATE
Poor
Average Vacancy Rate
Days of Supply
Very Good
Average Days of Supply
Owner Occupier Level
No data available
VENDOR DISCOUNTING
Very Good
Average Population
Pricing
Sold Price
Asking Price
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