$360K
$59,330
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Try Picki for FREEConfidence
High
High
$380,000
Medium
$360,000
Low
$340,000
Confidence
Medium
Discover 5 Nix Street, a welcoming home boasting four bedrooms plus a study, sitting on a substantial 880 sqm block. Enter to find inviting living, dining, and kitchen spaces, with a wider-than-usual hallway adding to the home's spaciousness. The house, carpeted throughout, emanates warmth enhanced by a wood fire and reverse cycle heating and cooling. The well-designed bathroom features a shower and vanity, with a separate toilet conveniently located off the laundry. Nestled on a no-through road, this property is perfect for families and active lifestyles, with schools, shops, and a local swimming pool just a stroll away.
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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
Agriculture, Forestry and Fishing - 49.0%
Education and Training - 8.0%
Health Care and Social Assistance - 7.0%
Public Administration and Safety - 6.0%
Others - 30.0%
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
5.4%
65.2%
$255K
7.2%
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Try Picki for FREE-$5,000
-$10,354
5.4%
Asking Price
$360,000
Estimated Purchase Price
$365,000
Stamp Duty
$11,353
Transfer Fee
$273
Conveyancing
$1,535
Deposit (10%)
$36,500
Reg. Mortgage
$203
LMI Premium
$8,069
Renovation Costs
-
Total Cash/Equity Required
$58,482
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$19,760
$28,125
Property Management
+8.2% PA
$1,620
$2,306
Rates
+3.0% PA
$7,545
$9,845
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
$6,890
$11,140
Interest Repayments
$21,681
$21,681
Net Cashflow Before Tax
-$14,791
-$10,541
Depreciation
-
-
Tax Offset
-$4,437
-$3,162
Net Cashflow After Tax
-$10,354
-$7,379
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Year 1
Year 10
Property Value
6.8%
$384,480
$695,048
Loan Balance
I.O
$328,500
$328,500
$55,980
$366,548