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$600K
$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
Discover this meticulously maintained 1935 red brick character home on 1173 sqm. With polished floorboards, plantation shutters, and neutral tones, enjoy comfort and style. Offers three spacious bedrooms, a master with a walk-in robe, and a versatile additional room. The modern bathroom features grey tones, ample storage, and an oversized toilet. The open plan living, kitchen, and dining area are perfect for entertaining. Outdoors, enjoy an alfresco area, greenhouse, and fruit trees. Practical features include a double garage, solar PV, and ducted air conditioning. Located at 7 Selby Street, Northam, this home is ready for you to move in.
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65.2%
$315K
5.8%
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Try Picki for FREE-$20,000
-$11,199
4.5%
Asking Price
$600,000
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
$27,040
$38,486
Property Management
+8.2% PA
$2,217
$3,156
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
$19,642
$28,570
Interest Repayments
$35,640
$35,640
Net Cashflow Before Tax
-$15,998
-$7,070
Depreciation
-
-
Tax Offset
-$4,799
-$2,121
Net Cashflow After Tax
-$11,199
-$4,949
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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
Location, 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
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
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