The information provided is for general informational purposes only. While we strive for accuracy, we make no guarantees about the completeness or reliability of the content. Any reliance you place on this information is at your own risk, and we are not liable for any losses or damages arising from its use.
Additionally, our site may contain links to external websites, which we do not control. The inclusion of these links does not imply endorsement of their content. By using Picki, you accept this disclaimer and acknowledge that the information may not be suitable for all users.
© 2025 Picki. All rights reserved.
$700K
$107,525
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
High
-
Medium
-
Low
-
Confidence
Discover a charming family home, ideally located near Wanneroo's schools, shops, and amenities. This lovingly renovated property offers spacious potential with bonus features like a 3-car garage and workshop, as well as a versatile games room with high ceilings. Inside, enjoy three large bedrooms, an open-plan kitchen and dining area, two living rooms, and air conditioning. The outdoor space boasts a delightful patio with cafe blinds and lush gardens. Built in 1973, this corner block is zoned R20/R40, presenting development opportunities. With a rental return of $725 per week and shire rates around $2100 annually, this home promises peace and tranquility alongside investment potential.
Trusted by over 13k property buyers and counting...
Try Picki for FREE3.1%
69.4%
$600K
5.2%
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE$75,000
-$9,023
5.2%
Asking Price
$700,000
Estimated Purchase Price
$650,000
Stamp Duty
$24,890
Transfer Fee
$333
Conveyancing
$1,535
Deposit (10%)
$65,000
Reg. Mortgage
$203
LMI Premium
$18,534
Renovation Costs
-
Total Cash/Equity Required
$111,045
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,800
$48,108
Property Management
+8.2% PA
$2,772
$3,945
Rates
+3.0% PA
$1,603
$2,092
Water
+3.0% PA
$1,455
$1,898
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$25,720
$37,237
Interest Repayments
$38,610
$38,610
Net Cashflow Before Tax
-$12,890
-$1,373
Depreciation
-
-
Tax Offset
-$3,867
-$412
Net Cashflow After Tax
-$9,023
-$961
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$774,300
$1,399,750
Loan Balance
I.O
$585,000
$585,000
$189,300
$814,750
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
Construction - 16.0%
Retail Trade - 13.0%
Education and Training - 12.0%
Manufacturing - 9.0%
Others - 50.0%
Average Income
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 FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Disclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Average Population
projected
for 2025 to 2027
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 FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Monthly % 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
