$400K
$66,134
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Try Picki for FREEConfidence
High
High
$680,000
Medium
$650,000
Low
$620,000
Confidence
Medium
This two-story villa offers an attractive opportunity for investors or prospective homeowners eager to escape the rental cycle. Featuring a spacious lounge with split air conditioning, a kitchen with ample bench and cupboard space, and three bedrooms, this property offers comfort and functionality. The main bedroom and the second bedroom come with built-in robes (BIRs), and the villa boasts newly installed flooring and fresh paint. Added conveniences include a laundry with rear access, a main bathroom, undercover carport with an extra parking space, garden shed, and a well-maintained rear patio with easy-care gardens. Located in a secure, gated complex with only 11 residences, this property is proximate to schools, parks, shopping, and transport, providing everyday ease. Built around 1973 on a block of approximately 215 sqm, this villa promises charm and privacy.
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2021 Population
Suburbs
Construction - 16.0%
Retail Trade - 13.0%
Education and Training - 12.0%
Manufacturing - 9.0%
Others - 50.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Disclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Average Population
projected
for 2025 to 2027
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Monthly % 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
Below are some similar properties in the area you may be interested in.
2%
59.1%
$520K
5.5%
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Try Picki for FREE$240,000
-$2,385
7.0%
Asking Price
$400,000
Estimated Purchase Price
$410,000
Stamp Duty
$13,490
Transfer Fee
$293
Conveyancing
$1,535
Deposit (10%)
$41,000
Reg. Mortgage
$203
LMI Premium
$9,064
Renovation Costs
-
Total Cash/Equity Required
$66,135
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+8.2% PA
$2,345
$3,338
Rates
+3.0% PA
$1,603
$2,092
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
$20,947
$30,443
Interest Repayments
$24,354
$24,354
Net Cashflow Before Tax
-$3,407
$6,089
Depreciation
-
-
Tax Offset
-$1,022
$1,827
Net Cashflow After Tax
-$2,385
$4,262
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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
$369,000
$369,000
$325,200
$885,948