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$460K
$74,614
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Try Picki for FREEConfidence
High
High
$460,000
Medium
$420,000
Low
$380,000
Confidence
Medium
Discover a freshly renovated 3-bedroom, 1-bathroom home, built in 1990, offering modern style and comfort. The main bedroom has built-in robes and split system AC. Enjoy a new bathroom with a shower and feature tub, a kitchen overlooking a dining-living open-plan, new carpets, and durable vinyl in high-traffic zones. Freshly painted inside and out, with year-round comfort from a split system and wood fireplace. The 645m block includes a fully fenced area, easy-care gardens, and a large Colourbond shed with rear access. Close to major stores and amenities, it's perfect to move in or as an investment.
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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
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
Create a free account to access the tools and information you need to make the best property investment decisions.
Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2024 to 2026
Create a free account to access the tools and information you need to make the best property investment decisions.
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
0%
64.7%
$230K
10.6%
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-$4,383
6.2%
Asking Price
-
Estimated Purchase Price
$420,000
Stamp Duty
$13,965
Transfer Fee
$293
Conveyancing
$1,535
Deposit (10%)
$42,000
Reg. Mortgage
$203
LMI Premium
$9,285
Renovation Costs
-
Total Cash/Equity Required
$67,831
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$26,000
$37,006
Property Management
+8.2% PA
$2,132
$3,035
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
$18,687
$27,212
Interest Repayments
$24,948
$24,948
Net Cashflow Before Tax
-$6,261
$2,264
Depreciation
-
-
Tax Offset
-$1,878
$679
Net Cashflow After Tax
-$4,383
$1,585
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$448,560
$810,890
Loan Balance
I.O
$378,000
$378,000
$70,560
$432,890
