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$300K
$46,502
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Try Picki for FREEConfidence
High
High
$440,000
Medium
$380,000
Low
$320,000
Confidence
Medium
Discover a property brimming with potential at 33 Old York Road, Northam. Set on a 951m² corner block, this 3-bedroom home features polished floorboards, a cozy lounge with air conditioning, and a kitchen warmed by a wood heater. An adjacent sunroom offers flexibility, while the securely fenced yard and additional rear space provide ample room for parking and storage. Currently rented for $370 per week until August 2025, this home is perfect as a rental investment or future residence, offered at $300,000.
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72.9%
$349K
7.4%
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Try Picki for FREE$80,000
-$1,064
7.8%
Asking Price
$300,000
Estimated Purchase Price
$300,000
Stamp Duty
$8,835
Transfer Fee
$253
Conveyancing
$1,535
Deposit (10%)
$30,000
Reg. Mortgage
$203
LMI Premium
$5,126
Renovation Costs
-
Total Cash/Equity Required
$46,502
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+8.2% PA
$1,919
$2,731
Rates
+3.0% PA
$1,476
$1,926
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
$16,300
$23,814
Interest Repayments
$17,820
$17,820
Net Cashflow Before Tax
-$1,520
$5,994
Depreciation
-
-
Tax Offset
-$456
$1,798
Net Cashflow After Tax
-$1,064
$4,196
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$405,840
$733,662
Loan Balance
I.O
$270,000
$270,000
$135,840
$463,662
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2021 Population
Suburbs
Health Care and Social Assistance - 16.0%
Public Administration and Safety - 13.0%
Education and Training - 10.0%
Retail Trade - 9.0%
Others - 52.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2024 to 2026
Create a free account to access the tools and information you need to make the best property investment decisions.
Trusted by over 13,000 property buyers and counting...
Try Picki for FREEMonthly % 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
