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Withheld
$89,051
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Try Picki for FREEConfidence
High
High
$620,000
Medium
$570,000
Low
$520,000
Confidence
Medium
This charming 3-bedroom, 1-bathroom home is a fully transformed 1946 bungalow. The property, located in Midvale, offers a new and modern feel with original jarrah flooring and an elegantly designed interior. The house, with its bright and airy lounge, well-appointed kitchen, and stylish bathroom, sits on a level 438 sqm lot with easy-to-care-for lawns and gardens. The home also features modern comforts like two reverse cycle split system air conditioners, a security system, roller shutters, and a practical layout with a garage, alfresco area, and a sunny porch. Its convenient location offers quick access to Midland, the airport, and the CBD in just a 25-minute train ride.
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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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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
31.6%
39.7%
$450K
7.3%
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Try Picki for FREE$20,000
-$7,561
5.5%
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
$30,160
$42,927
Property Management
+8.2% PA
$2,473
$3,520
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
$21,869
$31,816
Interest Repayments
$32,670
$32,670
Net Cashflow Before Tax
-$10,801
-$854
Depreciation
-
-
Tax Offset
-$3,240
-$256
Net Cashflow After Tax
-$7,561
-$598
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$608,760
$1,100,493
Loan Balance
I.O
$495,000
$495,000
$113,760
$605,493
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