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$750K
$145,888
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High
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Medium
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Low
-
Confidence
This family home, located in a peaceful area of Lancelin, offers a blend of practicality and comfort. Tenanted until March 2026, it features spacious living areas and smart street appeal on a corner block, all within walking distance to shops. The property boasts a sturdy build with an impressive garage equipped with bathroom facilities and mezzanine storage. Inside, the open-plan living area includes a kitchen with wooden ceiling accents and extensive pantry space. The alfresco area connects seamlessly to the backyard and garage. Additional features include ducted air conditioning, a rainwater tank, and automatic reticulation.
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64.7%
$580K
4.1%
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-$14,291
3.8%
Asking Price
-
Estimated Purchase Price
$620,000
Stamp Duty
$23,465
Transfer Fee
$333
Conveyancing
$1,535
Deposit (10%)
$62,000
Reg. Mortgage
$203
LMI Premium
$17,679
Renovation Costs
-
Total Cash/Equity Required
$105,765
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
$1,364
$1,780
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
$16,412
$23,961
Interest Repayments
$36,828
$36,828
Net Cashflow Before Tax
-$20,416
-$12,867
Depreciation
-
-
Tax Offset
-$6,125
-$3,860
Net Cashflow After Tax
-$14,291
-$9,007
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Year 1
Year 10
Property Value
6.8%
$662,160
$1,197,028
Loan Balance
I.O
$558,000
$558,000
$104,160
$639,028
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 45.0%
Construction - 8.0%
Retail Trade - 6.0%
Accommodation and Food Services - 5.0%
Others - 36.0%
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
