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Withheld
$2,085
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Try Picki for FREEConfidence
High
High
$580,000
Medium
$549,000
Low
$520,000
Confidence
Medium
This meticulously renovated 3-bedroom, 1-bathroom home is nestled in a peaceful cul-de-sac, offering a serene living environment. Located close to schools, shopping centers, and hospitals, this property ensures convenient access to essential amenities. Currently generating rental income at $600 per week until July 2025, it presents a brilliant opportunity either as an investment or a future family home. Enhanced with a modern kitchen, ample parking, and security features, this property provides both comfort and safety. With air conditioning and low-maintenance outdoor areas, experience both ease and utility. Perfectly positioned within the respected Governor Stirling High School catchment, this is an opportunity not to be missed.
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79%
$656K
5.1%
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-$8,563
5.2%
Asking Price
$549,000
Estimated Purchase Price
$550,000
Stamp Duty
$20,140
Transfer Fee
$313
Conveyancing
$1,535
Deposit (10%)
$55,000
Reg. Mortgage
$203
LMI Premium
$12,158
Renovation Costs
-
Total Cash/Equity Required
$89,899
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+8.2% PA
$2,345
$3,338
Rates
+3.0% PA
$2,113
$2,757
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
$20,437
$29,778
Interest Repayments
$32,670
$32,670
Net Cashflow Before Tax
-$12,233
-$2,892
Depreciation
-
-
Tax Offset
-$3,670
-$868
Net Cashflow After Tax
-$8,563
-$2,025
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Year 1
Year 10
Property Value
6.8%
$587,400
$1,061,879
Loan Balance
I.O
$495,000
$495,000
$92,400
$566,879
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2021 Population
Suburbs
Retail Trade - 11.0%
Manufacturing - 10.0%
Construction - 10.0%
Health Care and Social Assistance - 9.0%
Others - 60.0%
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
