$469K
$76,310
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Try Picki for FREEConfidence
High
High
$500,000
Medium
$475,000
Low
$450,000
Confidence
Medium
Experience the perfect blend of heritage charm and modern living at 56 Chidlow Street, Northam. This exquisite home captivates with polished jarrah floors, high ornate ceilings, and original fireplaces, seamlessly combining vintage aesthetics with contemporary comforts. The property includes spacious living areas awash with natural light, a renovated kitchen with sleek appliances, and a convenient, updated laundry. Ideal for both entertaining and a lock-up-and-leave lifestyle, the home is enhanced by front and rear verandahs and a low-maintenance yard. Located near essential amenities and schools, this is an unmissable opportunity to own a piece of Northam's timeless charm.
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Try Picki for FREELocation, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
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
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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
Below are some similar properties in the area you may be interested in.
3.9%
63.7%
$615K
2.5%
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-$9,343
4.6%
Asking Price
-
Estimated Purchase Price
$475,000
Stamp Duty
$16,578
Transfer Fee
$293
Conveyancing
$1,535
Deposit (10%)
$47,500
Reg. Mortgage
$203
LMI Premium
$10,500
Renovation Costs
-
Total Cash/Equity Required
$77,159
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
$28,215
$28,215
Net Cashflow Before Tax
-$13,347
-$6,439
Depreciation
-
-
Tax Offset
-$4,004
-$1,932
Net Cashflow After Tax
-$9,343
-$4,507
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$507,300
$917,078
Loan Balance
I.O
$427,500
$427,500
$79,800
$489,578