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Withheld
$2,085
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Try Picki for FREEConfidence
High
High
$830,000
Medium
$775,000
Low
$720,000
Confidence
Medium
Nestled in Parkerville, this 3852sqm property features a three-bedroom cottage-style home with timber floors and a modern kitchen and bathroom. The home offers a large entertaining area and a workshop with 3-phase power. With solar hot water, air conditioning, and proximity to a bush reserve and Railway Reserves Heritage walk trail, this property blends modern comforts with natural serenity. The potential for subdivision, subject to approvals, adds to its appeal as a unique investment.
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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
Education and Training - 13.0%
Retail Trade - 11.0%
Public Administration and Safety - 10.0%
Construction - 9.0%
Others - 57.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Disclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Average Population
projected
for 2025 to 2027
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Monthly % 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
0%
93.3%
$900K
3.4%
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-$16,900
4.1%
Asking Price
$800,000
Estimated Purchase Price
$860,000
Stamp Duty
$35,406
Transfer Fee
$373
Conveyancing
$1,535
Deposit (10%)
$86,000
Reg. Mortgage
$203
LMI Premium
$24,522
Renovation Costs
-
Total Cash/Equity Required
$148,588
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$35,360
$50,328
Property Management
+8.2% PA
$2,900
$4,127
Rates
+3.0% PA
$1,814
$2,367
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
$26,941
$39,000
Interest Repayments
$51,084
$51,084
Net Cashflow Before Tax
-$24,143
-$12,084
Depreciation
-
-
Tax Offset
-$7,243
-$3,625
Net Cashflow After Tax
-$16,900
-$8,459
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$827,700
$1,496,285
Loan Balance
I.O
$774,000
$774,000
$53,700
$722,285
