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$595K
$90,747
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Try Picki for FREEConfidence
High
High
$620,000
Medium
$595,000
Low
$570,000
Confidence
N/A
Located in the desirable Mount Helena area, this property offers a unique opportunity to own 1 hectare of flat, beautifully shaded land. Featuring parkland treed vegetation, it's accessible via a quiet, local traffic-only road. The property is in proximity to local schools and amenities, making it ideal for families. It is fully fenced with essential services like mains power and water already connected. A spacious 2000 sqm building envelope is included, and the BAL rating of 29 indicates bushfire safety measures are in place. Connectivity is assured with NBN available. The property will be WAPC approved with titles expected by March 2025.
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87.1%
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-
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Try Picki for FREE$10,000
-$28,188
-
Asking Price
-
Estimated Purchase Price
$585,000
Stamp Duty
$21,803
Transfer Fee
$313
Conveyancing
$1,535
Deposit (10%)
$58,500
Reg. Mortgage
$203
LMI Premium
$16,681
Renovation Costs
-
Total Cash/Equity Required
$99,584
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+8.2% PA
-
-
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
-$5,519
-$7,201
Interest Repayments
$34,749
$34,749
Net Cashflow Before Tax
-$40,268
-$41,950
Depreciation
-
-
Tax Offset
-$12,080
-$12,585
Net Cashflow After Tax
-$28,188
-$29,365
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$635,460
$1,148,760
Loan Balance
I.O
$526,500
$526,500
$108,960
$622,260
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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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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
