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$349K
$56,033
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$440,000
Medium
$380,000
Low
$320,000
Confidence
Medium
This charming 1950s home is a 3 bedroom, 1 bathroom property situated on a spacious 1163 sqm block. Two large bedrooms enhance the appeal, with a third bedroom positioned at the back. A modern kitchen and bathroom provide convenience, featuring a shower-over-bath and separate WC. High patterned ceilings and flooring are highlights, along with a tiled kitchen and entrance. Although the laundry is located on the back verandah, with some TLC, this property could become a true standout. Sold 'AS IS', it offers potential with Shire Rates approximately $1621 per year and Water Rates around $1564 per year.
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71.2%
$145K
17.9%
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Try Picki for FREE$30,000
-$3,143
6.7%
Asking Price
$349,000
Estimated Purchase Price
$350,000
Stamp Duty
$10,735
Transfer Fee
$273
Conveyancing
$1,535
Deposit (10%)
$35,000
Reg. Mortgage
$203
LMI Premium
$7,737
Renovation Costs
-
Total Cash/Equity Required
$56,033
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
$20,790
$20,790
Net Cashflow Before Tax
-$4,490
$3,024
Depreciation
-
-
Tax Offset
-$1,347
$907
Net Cashflow After Tax
-$3,143
$2,117
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$405,840
$733,662
Loan Balance
I.O
$315,000
$315,000
$90,840
$418,662
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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
