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$599K
$102,224
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$620,000
Medium
$580,000
Low
$540,000
Confidence
Medium
Experience modern living in this spacious 4-bedroom home set on a generous 1175 sqm block. At 16 Selby Street, Northam, the bright interiors feature a neutral color scheme with inviting floorboards. The home includes a spacious lounge with a wood heater, a formal dining room with entry to a kitchen outfitted with sleek cabinetry and stainless steel appliances. Additional features include a flexible bedroom/home office, a luxurious main bedroom with dual wardrobes, and modern bathroom aesthetics. Enjoy a well-equipped entertaining area by the saltwater pool and energy savings from solar panels. Ideal for families, this home offers rare convenience and ample storage.
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65.2%
$315K
5.8%
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Try Picki for FREE-$20,000
-$12,201
4.3%
Asking Price
$599,000
Estimated Purchase Price
$600,000
Stamp Duty
$22,515
Transfer Fee
$313
Conveyancing
$1,535
Deposit (10%)
$60,000
Reg. Mortgage
$203
LMI Premium
$17,108
Renovation Costs
-
Total Cash/Equity Required
$102,224
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$25,480
$36,266
Property Management
+8.2% PA
$2,089
$2,974
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
$18,210
$26,532
Interest Repayments
$35,640
$35,640
Net Cashflow Before Tax
-$17,430
-$9,108
Depreciation
-
-
Tax Offset
-$5,229
-$2,732
Net Cashflow After Tax
-$12,201
-$6,375
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$619,440
$1,119,800
Loan Balance
I.O
$540,000
$540,000
$79,440
$579,800
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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
