The information provided is for general informational purposes only. While we strive for accuracy, we make no guarantees about the completeness or reliability of the content. Any reliance you place on this information is at your own risk, and we are not liable for any losses or damages arising from its use.
Additionally, our site may contain links to external websites, which we do not control. The inclusion of these links does not imply endorsement of their content. By using Picki, you accept this disclaimer and acknowledge that the information may not be suitable for all users.
© 2024 Picki. All rights reserved.
$650K
$125,167
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
High
High
$660,000
Medium
$620,000
Low
$580,000
Confidence
Not Found
Step into this unique 1920s-built retreat set on 5.01 acres, combining country charm with modern living. The home boasts 3 bedrooms, 3 bathrooms and a versatile floor plan. Enjoy an open-plan kitchen, dining, and lounge, plus a utility room with a butler's pantry, laundry, and extra bathroom. Two bedrooms connect through a mudroom, while a separate living area offers a bedroom, kitchenette, and private bath for guests. Relax on the front deck or entertain by the patio and pool. Additional highlights include a solar system, garage, orchard, bore, and paddocks for animals, all within easy reach of Northam and Midland.
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
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)
No data available
No data available
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
81.3%
-
-
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE-$110,000
-$33,980
-
Asking Price
$650,000
Estimated Purchase Price
$730,000
Stamp Duty
$28,711
Transfer Fee
$353
Conveyancing
$1,535
Deposit (10%)
$73,000
Reg. Mortgage
$203
LMI Premium
$20,815
Renovation Costs
-
Total Cash/Equity Required
$125,167
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+8.2% PA
-
-
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
-$5,181
-$6,760
Interest Repayments
$43,362
$43,362
Net Cashflow Before Tax
-$48,543
-$50,122
Depreciation
-
-
Tax Offset
-$14,563
-$15,037
Net Cashflow After Tax
-$33,980
-$35,085
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$662,160
$1,197,028
Loan Balance
I.O
$657,000
$657,000
$5,160
$540,028
