$700K
$119,846
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
High
$840,000
Medium
$775,000
Low
$720,000
Confidence
Medium
Welcome to 8 Veros Place, a charming family home at the end of a quiet cul-de-sac in Marangaroo. Set on a spacious 683m2 block, this home offers modern updates including a remodeled kitchen, bathroom, and laundry. With three large bedrooms and an open floor plan, it provides ample space for living and entertaining. The kitchen flows into a patio overlooking a sizable backyard, perfect for gatherings. Additional features include a lounge with garden views, a large lawn, multiple sheds, and solar panels. Built in 1991 and carefully maintained, this home is ready for new owners.
Trusted by over 13k property buyers and counting...
Try Picki for FREE16.6%
72.2%
$665K
5.1%
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$30,000
-$14,644
4.2%
Asking Price
-
Estimated Purchase Price
$745,000
Stamp Duty
$29,483
Transfer Fee
$353
Conveyancing
$1,535
Deposit (10%)
$74,500
Reg. Mortgage
$203
LMI Premium
$21,243
Renovation Costs
-
Total Cash/Equity Required
$127,867
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
$44,253
$44,253
Net Cashflow Before Tax
-$20,919
-$10,413
Depreciation
-
-
Tax Offset
-$6,276
-$3,124
Net Cashflow After Tax
-$14,644
-$7,289
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%
$827,700
$1,496,285
Loan Balance
I.O
$670,500
$670,500
$157,200
$825,785
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