Withheld
$2,085
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$680,000
Medium
$650,000
Low
$620,000
Confidence
Medium
Experience modern living in this renovated 2-bedroom, 2-bathroom villa located in Redcliffe's prime area. Nestled in a small complex of six, this freestanding home offers privacy and community balance. Highlights include spacious bedrooms with built-in robes, updated stylish bathrooms, a sleek kitchen, and fresh interiors. Wide parking access and a private courtyard enhance practicality and comfort. Ideal for first-home buyers, downsizers, or investors, this villa presents a prime opportunity. With reverse cycle air conditioning and reticulated gardens, it's a move-in-ready gem.
Trusted by over 13k property buyers and counting...
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56.3%
$695K
5.2%
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Try Picki for FREE$10,000
-$16,770
3.4%
Asking Price
-
Estimated Purchase Price
$640,000
Stamp Duty
$24,415
Transfer Fee
$333
Conveyancing
$1,535
Deposit (10%)
$64,000
Reg. Mortgage
$203
LMI Premium
$18,249
Renovation Costs
-
Total Cash/Equity Required
$109,285
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$21,840
$31,085
Property Management
+8.2% PA
$1,791
$2,549
Rates
+3.0% PA
$2,285
$2,981
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
$14,059
$20,721
Interest Repayments
$38,016
$38,016
Net Cashflow Before Tax
-$23,957
-$17,295
Depreciation
-
-
Tax Offset
-$7,187
-$5,189
Net Cashflow After Tax
-$16,770
-$12,107
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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
$576,000
$576,000
$118,200
$678,948
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2021 Population
Suburbs
Transport, Postal and Warehousing - 23.0%
Retail Trade - 8.0%
Manufacturing - 7.0%
Construction - 7.0%
Others - 55.0%
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