$525K
$81,895
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Try Picki for FREEConfidence
Medium
High
$525,000
Medium
$475,000
Low
$425,000
Confidence
Not Applicable
Discover Avenue Hill, a prime development opportunity only 5 minutes from Lucas Town Centre. This property promises ample space for family living, offering an exclusive $30,000 cashback at settlement. Ideal for those looking to build a dream home without forsaking nearby amenities.
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100%
-
-
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Try Picki for FREE$15,000
-$22,726
-
Asking Price
$525,000
Estimated Purchase Price
$460,000
Stamp Duty
$22,670
Transfer Fee
$1,182
Conveyancing
$1,196
Deposit (10%)
$46,000
Reg. Mortgage
$129
LMI Premium
$10,169
Renovation Costs
-
Total Cash/Equity Required
$81,895
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,877
$2,449
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
-$5,142
-$6,709
Interest Repayments
$27,324
$27,324
Net Cashflow Before Tax
-$32,466
-$34,033
Depreciation
-
-
Tax Offset
-$9,740
-$10,210
Net Cashflow After Tax
-$22,726
-$23,823
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$507,300
$917,078
Loan Balance
I.O
$414,000
$414,000
$93,300
$503,078
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2021 Population
Suburbs
Health Care and Social Assistance - 19.0%
Retail Trade - 12.0%
Education and Training - 11.0%
Manufacturing - 9.0%
Others - 49.0%
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