$688K
$141,145
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Try Picki for FREEConfidence
High
High
$580,000
Medium
$550,000
Low
$520,000
Confidence
Medium
The Ballina home design combines character and comfort, ideal for first-time buyers and families. It boasts a modern layout with four spacious bedrooms. The master suite offers an ensuite and walk-in robe. Central to the home is a large open-plan living area that integrates kitchen, dining, and family spaces.
Trusted by over 13k property buyers and counting...
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80.5%
$641K
4.5%
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Try Picki for FREE-$160,000
-$16,662
3.6%
Asking Price
$687,830
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
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
$1,540
$2,009
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
$20,153
$29,253
Interest Repayments
$43,956
$43,956
Net Cashflow Before Tax
-$23,803
-$14,703
Depreciation
-
-
Tax Offset
-$7,141
-$4,411
Net Cashflow After Tax
-$16,662
-$10,292
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$619,440
$1,119,800
Loan Balance
I.O
$666,000
$666,000
-$46,560
$453,800
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2021 Population
Suburbs
Retail Trade - 14.0%
Health Care and Social Assistance - 14.0%
Accommodation and Food Services - 12.0%
Construction - 9.0%
Others - 51.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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projected
for 2024 to 2026
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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