The information provided is for general informational purposes only. While we strive for accuracy, we make no guarantees about the completeness or reliability of the content. Any reliance you place on this information is at your own risk, and we are not liable for any losses or damages arising from its use.
Additionally, our site may contain links to external websites, which we do not control. The inclusion of these links does not imply endorsement of their content. By using Picki, you accept this disclaimer and acknowledge that the information may not be suitable for all users.
© 2025 Picki. All rights reserved.
$685K
$104,884
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
High
-
Medium
-
Low
-
Confidence
Discover ultimate serenity in this beautifully renovated, circa 1980 home located at the end of a cul-de-sac on a private island. With three bedrooms, a modern kitchen, and an oversized open plan living area, this property promises privacy and relaxation. Set on over half an acre of pristine bushland, it boasts timber floors, lime-washed walls, and a fabulous alfresco deck with views of the canal—perfect for swimming. Additional features include a three-bay shed, parking for boats and caravans, raised vegetable gardens, rainwater tanks, bore, and a private jetty. Immerse yourself in the island lifestyle with activities like bushwalking, fishing, and kayaking.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
69.3%
$488K
5.2%
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE-$55,000
-$19,393
3.2%
Asking Price
$685,000
Estimated Purchase Price
$735,000
Stamp Duty
$28,968
Transfer Fee
$353
Conveyancing
$1,535
Deposit (10%)
$73,500
Reg. Mortgage
$203
LMI Premium
$20,958
Renovation Costs
-
Total Cash/Equity Required
$126,067
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
$1,821
$2,376
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
$15,955
$23,364
Interest Repayments
$43,659
$43,659
Net Cashflow Before Tax
-$27,704
-$20,295
Depreciation
-
-
Tax Offset
-$8,311
-$6,088
Net Cashflow After Tax
-$19,393
-$14,206
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$726,240
$1,312,869
Loan Balance
I.O
$661,500
$661,500
$64,740
$651,369
Below are some similar properties in the area you may be interested in.
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
Accommodation and Food Services - 13.0%
Retail Trade - 12.0%
Manufacturing - 11.0%
Agriculture, Forestry and Fishing - 10.0%
Others - 54.0%
Average Income
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 FREEAverage Population
projected
for 2025 to 2027
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
