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Withheld
$105,765
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$690,000
Medium
$630,000
Low
$570,000
Confidence
Medium
This classic 1955 home on a 1,040 m² block represents a strong investment opportunity. With two bedrooms and one bathroom, it offers both space and the potential for development. Located conveniently near Blackwood River and the town center, it promises steady rental income in the growing Augusta area. Retaining its original charm, it serves as a blank canvas for renovations or upgrades.
Trusted by over 13k property buyers and counting...
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68.1%
$830K
3.8%
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Try Picki for FREE$10,000
-$15,279
3.6%
Asking Price
-
Estimated Purchase Price
$620,000
Stamp Duty
$23,465
Transfer Fee
$333
Conveyancing
$1,535
Deposit (10%)
$62,000
Reg. Mortgage
$203
LMI Premium
$17,679
Renovation Costs
-
Total Cash/Equity Required
$105,765
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$22,360
$31,825
Property Management
+8.2% PA
$1,834
$2,610
Rates
+3.0% PA
$1,821
$2,376
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
$15,000
$22,005
Interest Repayments
$36,828
$36,828
Net Cashflow Before Tax
-$21,828
-$14,823
Depreciation
-
-
Tax Offset
-$6,548
-$4,447
Net Cashflow After Tax
-$15,279
-$10,376
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$672,840
$1,216,335
Loan Balance
I.O
$558,000
$558,000
$114,840
$658,335
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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
Accommodation and Food Services - 13.0%
Retail Trade - 12.0%
Manufacturing - 11.0%
Agriculture, Forestry and Fishing - 10.0%
Others - 54.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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projected
for 2024 to 2026
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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
