$665K
$136,373
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Try Picki for FREEConfidence
High
High
$680,000
Medium
$655,000
Low
$630,000
Confidence
Medium
Located in the Powlett Ridge Estate, this modern property is just 3kms from Wonthaggi's Town Centre and offers easy access to shopping, schools, and more. Set on a 586m2 lot, it features a broad 18.5m frontage, ideal for boat or caravan access. Inside, the stylish home boasts four bedrooms, two light-filled living areas, and a fantastic kitchen with a large island bench and 900mm gas cooktop. The master suite includes a walk-in robe and an elegant ensuite. With natural gas, ducted heating, and evaporative cooling, this home promises comfort throughout the year.
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80.5%
$641K
4.5%
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Try Picki for FREE-$60,000
-$14,615
4.0%
Asking Price
$665,000
Estimated Purchase Price
$715,000
Stamp Duty
$37,970
Transfer Fee
$1,779
Conveyancing
$1,196
Deposit (10%)
$71,500
Reg. Mortgage
$129
LMI Premium
$20,387
Renovation Costs
-
Total Cash/Equity Required
$133,511
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
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
$21,593
$31,303
Interest Repayments
$42,471
$42,471
Net Cashflow Before Tax
-$20,878
-$11,168
Depreciation
-
-
Tax Offset
-$6,263
-$3,350
Net Cashflow After Tax
-$14,615
-$7,818
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$699,540
$1,264,602
Loan Balance
I.O
$643,500
$643,500
$56,040
$621,102
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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