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$380K
$61,026
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Try Picki for FREEConfidence
High
High
$400,000
Medium
$380,000
Low
$360,000
Confidence
Medium
Experience the blend of classic charm and modern comforts in this 1930s weatherboard home tucked behind a pristine white picket fence. Located in a serene cul-de-sac, this property offers three spacious bedrooms and a versatile fourth room from an enclosed verandah. Enjoy the polished floorboards, a cozy lounge with a wood heater, and a split-system air conditioner. The updated kitchen accommodates family gatherings effortlessly. Outside, find a 6x9m garage, a double carport, fruit-laden gardens, and additional features like a chicken coop. Currently rented for $400 a week, it’s an ideal investment or future home.
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72.9%
$349K
7.4%
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-$5,393
5.8%
Asking Price
$380,000
Estimated Purchase Price
$380,000
Stamp Duty
$12,065
Transfer Fee
$273
Conveyancing
$1,535
Deposit (10%)
$38,000
Reg. Mortgage
$203
LMI Premium
$8,400
Renovation Costs
-
Total Cash/Equity Required
$61,026
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$21,840
$31,085
Property Management
+8.2% PA
$1,791
$2,549
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
$14,868
$21,776
Interest Repayments
$22,572
$22,572
Net Cashflow Before Tax
-$7,704
-$796
Depreciation
-
-
Tax Offset
-$2,311
-$239
Net Cashflow After Tax
-$5,393
-$557
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Year 1
Year 10
Property Value
6.8%
$405,840
$733,662
Loan Balance
I.O
$342,000
$342,000
$63,840
$391,662
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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...
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projected
for 2024 to 2026
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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
