Withheld
$2,085
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Try Picki for FREEConfidence
High
High
$730,000
Medium
$705,000
Low
$680,000
Confidence
Medium
This residential property is a promising opportunity for families and investors alike. Situated on a spacious 845 sqm rectangular block, the home features three large bedrooms, complete with built-in and walk-in robes. It includes a big kitchen with a modern cooktop and oven, a separate large family room, and split system air conditioning for comfort. A lock-up garage offers added convenience, while a substantial brick-paved alfresco area enhances outdoor life. Located in a prime spot near essential amenities and recreational facilities, this property is positioned for lifestyle and investment potential.
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Try Picki for FREELocation, 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
Education and Training - 13.0%
Retail Trade - 11.0%
Public Administration and Safety - 10.0%
Construction - 9.0%
Others - 57.0%
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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11%
66.1%
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-$11,212
4.8%
Asking Price
-
Estimated Purchase Price
$675,000
Stamp Duty
$26,078
Transfer Fee
$333
Conveyancing
$1,535
Deposit (10%)
$67,500
Reg. Mortgage
$203
LMI Premium
$19,247
Renovation Costs
-
Total Cash/Equity Required
$115,445
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$32,240
$45,888
Property Management
+8.2% PA
$2,644
$3,763
Rates
+3.0% PA
$1,814
$2,367
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
$24,077
$34,924
Interest Repayments
$40,095
$40,095
Net Cashflow Before Tax
-$16,018
-$5,171
Depreciation
-
-
Tax Offset
-$4,805
-$1,551
Net Cashflow After Tax
-$11,212
-$3,620
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$752,940
$1,361,136
Loan Balance
I.O
$607,500
$607,500
$145,440
$753,636