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$640K
$120,151
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$680,000
Medium
$650,000
Low
$620,000
Confidence
Medium
Experience family living at its best with the Melrose property, a thoughtfully designed home ensuring comfort and style. The sunlit kitchen, equipped with modern appliances and ample storage, is perfect for creating culinary delights. The master suite offers a peaceful retreat with its ensuite and walk-in robe. Flexible options of three or four bedrooms and multiple living areas cater to diverse lifestyle needs. Key features include a Bluescope Steel house frame, Colorbond roof, 7-star energy efficiency, double-glazed windows, and a 50-year structural guarantee. This home includes bushfire compliance and site cost allowances, ensuring a secure and well-planned living environment.
Trusted by over 13k property buyers and counting...
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70.3%
$450K
5.9%
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Try Picki for FREE$10,000
-$12,740
4.2%
Asking Price
$639,950
Estimated Purchase Price
$640,000
Stamp Duty
$33,470
Transfer Fee
$1,603
Conveyancing
$1,196
Deposit (10%)
$64,000
Reg. Mortgage
$129
LMI Premium
$18,249
Renovation Costs
-
Total Cash/Equity Required
$119,197
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$27,040
$38,486
Property Management
+7.7% PA
$2,082
$2,963
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
$19,816
$28,814
Interest Repayments
$38,016
$38,016
Net Cashflow Before Tax
-$18,200
-$9,202
Depreciation
-
-
Tax Offset
-$5,460
-$2,761
Net Cashflow After Tax
-$12,740
-$6,442
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$694,200
$1,254,948
Loan Balance
I.O
$576,000
$576,000
$118,200
$678,948
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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 2024 to 2026
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
