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.
© 2024 Picki. All rights reserved.
$995K
$190,932
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
High
$970,000
Medium
$945,000
Low
$920,000
Confidence
Medium
This modern home, less than a year old, offers over 200m2 of spacious living near the bush reserve in Augusta. It's conveniently located near local amenities, with ample room for entertaining and plenty of parking for various recreational vehicles. Designed for low maintenance, it's ideal for permanent or holiday living.
Trusted by over 13k property buyers and counting...
Try Picki for FREE3.9%
68.3%
$758K
3.4%
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-$125,000
-$23,297
3.6%
Asking Price
$995,000
Estimated Purchase Price
$1,070,000
Stamp Duty
$46,221
Transfer Fee
$413
Conveyancing
$1,535
Deposit (10%)
$107,000
Reg. Mortgage
$203
LMI Premium
$30,510
Renovation Costs
-
Total Cash/Equity Required
$186,431
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$39,000
$55,509
Property Management
+8.2% PA
$3,198
$4,552
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
$30,276
$43,747
Interest Repayments
$63,558
$63,558
Net Cashflow Before Tax
-$33,282
-$19,811
Depreciation
-
-
Tax Offset
-$9,985
-$5,943
Net Cashflow After Tax
-$23,297
-$13,868
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%
$1,009,260
$1,824,502
Loan Balance
I.O
$963,000
$963,000
$46,260
$861,502
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 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
