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$620K
$105,765
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Try Picki for FREEConfidence
High
High
$700,000
Medium
$620,000
Low
$550,000
Confidence
Medium
Discover 22 Wood Drive, Northam—a prime location just across from the Northam Country Club. This 751sqm property provides seamless connection for golf enthusiasts. Built in 2000 with brick and Colorbond, the house sits elevated with a grand entrance hall. Features include a formal sitting room, a home office, and a master bedroom with an en suite and secluded patio. The kitchen boasts ample storage, natural light, and connects to family and meal areas. Enjoy an al fresco patio and a backyard that's easy to maintain. Additional perks include a solar PV array, solar hot water, ducted reverse cycle air conditioning, security cameras, and a double garage with an electric roller door. Act quickly as the opportunity won't last.
Trusted by over 13k property buyers and counting...
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82.8%
$108K
27.1%
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-$14,369
3.8%
Asking Price
$620,000
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
$1,476
$1,926
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
$16,300
$23,814
Interest Repayments
$36,828
$36,828
Net Cashflow Before Tax
-$20,528
-$13,014
Depreciation
-
-
Tax Offset
-$6,158
-$3,904
Net Cashflow After Tax
-$14,369
-$9,110
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Try Picki for FREEAssumptions
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
Health Care and Social Assistance - 16.0%
Public Administration and Safety - 13.0%
Education and Training - 10.0%
Retail Trade - 9.0%
Others - 52.0%
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
