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$635K
$119,846
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Try Picki for FREEConfidence
High
High
$680,000
Medium
$650,000
Low
$620,000
Confidence
Medium
Discover potential in this solid 4-bedroom, 2-bathroom home situated in an older, family-friendly neighborhood. This residence, currently on a periodic lease, invites you to add personal touches through minor renovations, painting, and gardening. Its elevated position offers wide frontage suitable for privacy enhancements and additional parking. With nearby schools, parkland, and a separate second lounge for personal retreat, this property promises comfort and convenience. It’s a prime opportunity for families and those looking to invest in a location popular for its accessibility and community vibe. Schedule a private viewing with the exclusive agent.
Trusted by over 13k property buyers and counting...
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68%
$700K
5.2%
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Try Picki for FREE-$35,000
-$12,301
4.5%
Asking Price
$635,000
Estimated Purchase Price
$685,000
Stamp Duty
$26,553
Transfer Fee
$333
Conveyancing
$1,535
Deposit (10%)
$68,500
Reg. Mortgage
$203
LMI Premium
$19,532
Renovation Costs
-
Total Cash/Equity Required
$117,205
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+8.2% PA
$2,558
$3,641
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
$23,116
$33,556
Interest Repayments
$40,689
$40,689
Net Cashflow Before Tax
-$17,573
-$7,133
Depreciation
-
-
Tax Offset
-$5,272
-$2,140
Net Cashflow After Tax
-$12,301
-$4,993
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$694,200
$1,254,948
Loan Balance
I.O
$616,500
$616,500
$77,700
$638,448
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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
