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$585K
$102,224
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Confidence
Discover an exceptional opportunity with this unique property on the market for the first time in 21 years. Situated on a solid limestone foundation, this home offers jarrah timber flooring and an inviting elevated aspect. Ideal for families, this 3-bedroom, 1-bathroom residence sits on a generous 625m block, featuring freshly painted interiors and airy living spaces. With ample side access, there's potential to expand or combine with the adjacent duplex, 48A, for a large 1211m site S.T.C.A. The location is perfect for families, with schools, parks, and shopping centers all nearby, along with easy transport links. Modern comforts include a new kitchen, renovated bathroom, and fully fenced backyard, making this a compelling choice for buyers seeking convenience and growth.
Below are some similar properties in the area you may be interested in.
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
Construction - 16.0%
Retail Trade - 13.0%
Education and Training - 12.0%
Manufacturing - 9.0%
Others - 50.0%
Average Income
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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
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Try Picki for FREE4.6%
64.6%
$565K
5.1%
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Try Picki for FREE$65,000
-$8,993
5.1%
Asking Price
$574,000
Estimated Purchase Price
$585,000
Stamp Duty
$21,803
Transfer Fee
$313
Conveyancing
$1,535
Deposit (10%)
$58,500
Reg. Mortgage
$203
LMI Premium
$16,681
Renovation Costs
-
Total Cash/Equity Required
$99,584
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$29,640
$42,187
Property Management
+8.2% PA
$2,430
$3,459
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
$21,902
$31,802
Interest Repayments
$34,749
$34,749
Net Cashflow Before Tax
-$12,847
-$2,947
Depreciation
-
-
Tax Offset
-$3,854
-$884
Net Cashflow After Tax
-$8,993
-$2,063
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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
$526,500
$526,500
$167,700
$728,448
