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$618K
$99,417
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$630,000
Medium
$610,000
Low
$590,000
Confidence
Medium
This home by Metricon boasts a sleek, modern design with light-filled spaces and a 7-star energy efficiency rating. It offers savings for first-time buyers and fixed site costs. The package includes stylish stainless steel appliances, ducted gas heating, aluminum double glazed windows, and a lifetime structural guarantee. However, upgrades are excluded from the package price, and several essentials like landscaping, fencing, and driveways are not provided by Metricon.
Below are some similar properties in the area you may be interested in.
Location, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
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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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
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78.8%
$697K
4.5%
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Try Picki for FREE$40,000
-$9,612
4.7%
Asking Price
$618,225
Estimated Purchase Price
$570,000
Stamp Duty
$29,270
Transfer Fee
$1,440
Conveyancing
$1,196
Deposit (10%)
$57,000
Reg. Mortgage
$129
LMI Premium
$16,253
Renovation Costs
-
Total Cash/Equity Required
$105,837
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
$1,567
$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
$20,126
$29,218
Interest Repayments
$33,858
$33,858
Net Cashflow Before Tax
-$13,732
-$4,640
Depreciation
-
-
Tax Offset
-$4,120
-$1,392
Net Cashflow After Tax
-$9,612
-$3,248
Unlock the power of Picki
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$651,480
$1,177,721
Loan Balance
I.O
$513,000
$513,000
$138,480
$664,721
