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$639K
$106,791
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$680,000
Medium
$650,000
Low
$620,000
Confidence
Medium
This newly built modern home presents an excellent opportunity for first-time buyers eager to step into the property market. With four spacious bedrooms and two stylish bathrooms, it's designed for seamless living. The master suite offers a luxurious retreat with walk-in robes and an elegant ensuite. The house features an open-plan kitchen with black stone benchtops, top-tier stainless steel appliances, and a built-in pantry, flowing into a cozy dining and family area that opens to a low-maintenance backyard. Additional amenities like ducted heating, downlights, and both tiled and carpet flooring enhance its allure. This property combines contemporary style with practicality near excellent schools, shopping centers, and recreational facilities, making it an ideal family home.
Trusted by over 13k property buyers and counting...
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78.8%
$697K
4.5%
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Try Picki for FREE$45,000
-$8,380
5.2%
Asking Price
$639,000
Estimated Purchase Price
$605,000
Stamp Duty
$31,370
Transfer Fee
$1,521
Conveyancing
$1,196
Deposit (10%)
$60,500
Reg. Mortgage
$129
LMI Premium
$17,251
Renovation Costs
-
Total Cash/Equity Required
$112,517
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+7.7% PA
$2,402
$3,419
Rates
+3.0% PA
$1,567
$2,045
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
$23,966
$34,683
Interest Repayments
$35,937
$35,937
Net Cashflow Before Tax
-$11,971
-$1,254
Depreciation
-
-
Tax Offset
-$3,591
-$376
Net Cashflow After Tax
-$8,380
-$878
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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
$544,500
$544,500
$149,700
$710,448
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2021 Population
Suburbs
Retail Trade - 16.0%
Health Care and Social Assistance - 13.0%
Education and Training - 12.0%
Construction - 10.0%
Others - 49.0%
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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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
