$430K
$78,855
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Try Picki for FREEConfidence
Medium
High
$460,000
Medium
$420,000
Low
$380,000
Confidence
Not Applicable
Discover tranquility on this pristine 700m2 vacant lot in Augusta. Located in a serene, fully serviced area, this level block is perfect for building your dream home. Enjoy a short walk to town and easy access to nearby bushland reserves, ideal for morning strolls. Set among quality homes, this is a rare opportunity to embrace the relaxed Augusta lifestyle.
Trusted by over 13k property buyers and counting...
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68.1%
$830K
3.8%
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Try Picki for FREE-$65,000
-$24,035
-
Asking Price
$449,000
Estimated Purchase Price
$485,000
Stamp Duty
$17,053
Transfer Fee
$293
Conveyancing
$1,535
Deposit (10%)
$48,500
Reg. Mortgage
$203
LMI Premium
$10,722
Renovation Costs
-
Total Cash/Equity Required
$78,855
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
$28,809
$28,809
Net Cashflow Before Tax
-$34,335
-$36,019
Depreciation
-
-
Tax Offset
-$10,301
-$10,806
Net Cashflow After Tax
-$24,035
-$25,213
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$448,560
$810,890
Loan Balance
I.O
$436,500
$436,500
$12,060
$374,390
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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
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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