Withheld
$2,085
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,500,000
Medium
$1,350,000
Low
$1,200,000
Confidence
Medium
Opportunity awaits with this diamond in the rough. Developers can reap rewards by renting immediately while preparing development plans. Enjoy prime location with direct city transport and walking distance to elite shopping. Unlock its potential and decide its worth.
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61.1%
$770K
4%
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Try Picki for FREE-$100,000
-$42,764
2.3%
Asking Price
$1,350,000
Estimated Purchase Price
$1,450,000
Stamp Duty
$65,791
Transfer Fee
$493
Conveyancing
$1,535
Deposit (10%)
$145,000
Reg. Mortgage
$203
LMI Premium
$45,371
Renovation Costs
-
Total Cash/Equity Required
$258,943
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
$2,285
$2,981
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
$25,038
$36,347
Interest Repayments
$86,130
$86,130
Net Cashflow Before Tax
-$61,092
-$49,783
Depreciation
-
-
Tax Offset
-$18,327
-$14,935
Net Cashflow After Tax
-$42,764
-$34,848
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,441,800
$2,606,431
Loan Balance
I.O
$1,305,000
$1,305,000
$136,800
$1,301,431
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2021 Population
Suburbs
Transport, Postal and Warehousing - 23.0%
Retail Trade - 8.0%
Manufacturing - 7.0%
Construction - 7.0%
Others - 55.0%
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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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