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$699K
$107,525
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Try Picki for FREEConfidence
High
High
$800,000
Medium
$770,000
Low
$740,000
Confidence
Medium
Experience classic charm in this 1995-built 4-bedroom, 2-bathroom home nestled on a generous 556 sqm block in Ridgewood. With a classic bullnose verandah, spacious open-plan living, and a fantastic outdoor entertainment space, the property is perfect for family enjoyment. The large belowground pool, surrounded by ample patio space, is a highlight. Inside, the home boasts a well-equipped kitchen, cozy lounge, and three additional bedrooms with ceiling fans and fitted robes. A large shed, lush lawn, and extra parking space for vehicles or a caravan complete the offering in this peaceful neighborhood.
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3%
78.7%
$643K
6.3%
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Try Picki for FREE$125,000
-$2,132
6.8%
Asking Price
$699,000
Estimated Purchase Price
$645,000
Stamp Duty
$24,653
Transfer Fee
$333
Conveyancing
$1,535
Deposit (10%)
$64,500
Reg. Mortgage
$203
LMI Premium
$18,391
Renovation Costs
-
Total Cash/Equity Required
$110,165
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$44,200
$62,910
Property Management
+8.2% PA
$3,624
$5,159
Rates
+3.0% PA
$1,603
$2,092
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
$35,268
$50,826
Interest Repayments
$38,313
$38,313
Net Cashflow Before Tax
-$3,045
$12,513
Depreciation
-
-
Tax Offset
-$914
$3,754
Net Cashflow After Tax
-$2,132
$8,759
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$822,360
$1,486,631
Loan Balance
I.O
$580,500
$580,500
$241,860
$906,131
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
Construction - 16.0%
Retail Trade - 13.0%
Education and Training - 12.0%
Manufacturing - 9.0%
Others - 50.0%
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
