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.
$725K
$140,488
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
Medium
High
$810,000
Medium
$725,000
Low
$640,000
Confidence
Not Applicable
Augusta is a charming town located at the confluence of the Southern and Indian Oceans, offering a unique blend of natural beauty and cultural heritage. Positioned at the corner of Turner Street and Osnaburg Street atop Colourpatch Hill, this 1,086m2 corner block provides potential for a two-story house with possible ocean and river views. Its prime location is just a short 300-meter walk to both the ocean and the river, with a nearby bush reserve enhancing its allure. The mainly level terrain and accessible design options make it an ideal home site in Augusta.
Trusted by over 13k property buyers and counting...
Try Picki for FREE2.4%
77.2%
$900K
153%
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-$145,000
-$40,043
-
Asking Price
$775,000
Estimated Purchase Price
$870,000
Stamp Duty
$35,921
Transfer Fee
$373
Conveyancing
$1,535
Deposit (10%)
$87,000
Reg. Mortgage
$203
LMI Premium
$24,807
Renovation Costs
-
Total Cash/Equity Required
$150,388
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+8.2% PA
-
-
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
-$5,526
-$7,210
Interest Repayments
$51,678
$51,678
Net Cashflow Before Tax
-$57,204
-$58,888
Depreciation
-
-
Tax Offset
-$17,161
-$17,666
Net Cashflow After Tax
-$40,043
-$41,222
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%
$774,300
$1,399,750
Loan Balance
I.O
$783,000
$783,000
-$8,700
$616,750
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
Below are some similar properties in the area you may be interested in.
