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$700K
$119,846
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$770,000
Medium
$725,000
Low
$680,000
Confidence
Medium
Discover a delightful 3-bedroom, 1-bathroom home at 34 Le Grand Gardens in Marangaroo. Nestled on a spacious 748 sqm block, this 1988-built residence boasts classic charm with modern potential. With an extra-large garage/workshop that offers conversion possibilities, this property is ideal for first-time buyers, families, or investors. Enjoy inviting living spaces, a functional kitchen, generous bedrooms, a well-appointed bathroom, and a large backyard. Located in a family-friendly suburb, with easy access to parks, schools, and shopping, this home is ready for your personal touch. Currently on a fixed lease till June 2025, with potential options for tenants to break lease.
Trusted by over 13k property buyers and counting...
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75.4%
$746K
3.7%
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Try Picki for FREE$25,000
-$12,772
4.5%
Asking Price
$700,000
Estimated Purchase Price
$700,000
Stamp Duty
$27,265
Transfer Fee
$333
Conveyancing
$1,535
Deposit (10%)
$70,000
Reg. Mortgage
$203
LMI Premium
$19,960
Renovation Costs
-
Total Cash/Equity Required
$119,846
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+8.2% PA
$2,558
$3,641
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
$23,334
$33,840
Interest Repayments
$41,580
$41,580
Net Cashflow Before Tax
-$18,246
-$7,740
Depreciation
-
-
Tax Offset
-$5,474
-$2,322
Net Cashflow After Tax
-$12,772
-$5,418
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$774,300
$1,399,750
Loan Balance
I.O
$630,000
$630,000
$144,300
$769,750
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
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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
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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
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