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Withheld
$2,085
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Try Picki for FREEConfidence
High
High
$480,000
Medium
$450,000
Low
$420,000
Confidence
Medium
This modern one-bedroom, one-bathroom ground-floor apartment offers 93 sqm of living space, including a 22 sqm courtyard, in a boutique complex of 10 apartments. Located just 2.4 km from Qantas Domestic Airport, it’s perfectly situated for both professionals and travelers. The apartment features high-end finishes, including stone benchtops, stainless-steel appliances, and a split-system air-conditioner. With low strata levies of approximately $30 per week and a current lease at $480 per week, this property is a lucrative investment choice. It combines urban convenience with easy access to parks, shopping, and public transport.
Trusted by over 13k property buyers and counting...
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46.6%
$390K
8.7%
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Try Picki for FREE$20,000
-$9,375
4.6%
Asking Price
$400,000
Estimated Purchase Price
$430,000
Stamp Duty
$14,440
Transfer Fee
$293
Conveyancing
$1,535
Deposit (10%)
$43,000
Reg. Mortgage
$203
LMI Premium
$9,506
Renovation Costs
-
Total Cash/Equity Required
$69,527
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$19,760
$28,125
Property Management
+8.2% PA
$1,620
$2,306
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
$12,150
$18,003
Interest Repayments
$25,542
$25,542
Net Cashflow Before Tax
-$13,392
-$7,539
Depreciation
-
-
Tax Offset
-$4,018
-$2,262
Net Cashflow After Tax
-$9,375
-$5,277
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$480,600
$868,810
Loan Balance
I.O
$387,000
$387,000
$93,600
$481,810
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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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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
