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Withheld
$65,286
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$440,000
Medium
$410,000
Low
$380,000
Confidence
Medium
Discover a charming, renovated cottage in Northam, exuding warmth and style. With iconic red stairs, a blue weatherboard exterior, and a welcoming verandah, this home is perfect for those seeking a refreshed character. The interior features beautiful Jarrah floorboards, high ceilings, and a stunning white kitchen. Enjoy cozy winters in front of the potbelly stove, and entertain effortlessly with a revamped servery window. The property boasts three bedrooms, a renovated bathroom, and a vast backyard with endless possibilities on its 964sqm block. Nearby amenities add convenience to this idyllic setting.
Trusted by over 13k property buyers and counting...
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82.4%
$440K
3.9%
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Try Picki for FREE$10,000
-$5,222
5.8%
Asking Price
$399,000
Estimated Purchase Price
$400,000
Stamp Duty
$13,015
Transfer Fee
$273
Conveyancing
$1,535
Deposit (10%)
$40,000
Reg. Mortgage
$203
LMI Premium
$8,842
Renovation Costs
-
Total Cash/Equity Required
$64,418
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
$23,760
$23,760
Net Cashflow Before Tax
-$7,460
$54
Depreciation
-
-
Tax Offset
-$2,238
$16
Net Cashflow After Tax
-$5,222
$38
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$437,880
$791,583
Loan Balance
I.O
$360,000
$360,000
$77,880
$431,583
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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
