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.
© 2025 Picki. All rights reserved.
$280K
$46,502
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
Medium
High
$280,000
Medium
$250,000
Low
$220,000
Confidence
Low
Sprawling over 4059 m2 of flat land, this property presents an exceptional opportunity for buyers. The plot is primed for development, featuring a winter creek at its rear, creating a serene backdrop. With Council approval, the potential exists to construct up to two houses, enhancing investment prospects.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
79.1%
$475K
4.8%
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-$50,000
-$8,351
4.3%
Asking Price
$280,000
Estimated Purchase Price
$300,000
Stamp Duty
$8,835
Transfer Fee
$253
Conveyancing
$1,535
Deposit (10%)
$30,000
Reg. Mortgage
$203
LMI Premium
$5,126
Renovation Costs
-
Total Cash/Equity Required
$46,502
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$13,000
$18,503
Property Management
+8.2% PA
$1,066
$1,517
Rates
+3.0% PA
$2,339
$3,052
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
$5,890
$9,100
Interest Repayments
$17,820
$17,820
Net Cashflow Before Tax
-$11,930
-$8,720
Depreciation
-
-
Tax Offset
-$3,579
-$2,616
Net Cashflow After Tax
-$8,351
-$6,104
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%
$267,000
$482,672
Loan Balance
I.O
$270,000
$270,000
-$3,000
$212,672
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
Agriculture, Forestry and Fishing - 25.0%
Retail Trade - 10.0%
Education and Training - 9.0%
Health Care and Social Assistance - 9.0%
Others - 47.0%
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 2025 to 2027
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
