$535K
$87,355
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Try Picki for FREEConfidence
High
High
$550,000
Medium
$535,000
Low
$520,000
Confidence
Medium
Explore a modern 3-bedroom, 2-bathroom unit, ideally situated in a peaceful locale. This property boasts a double lock-up garage, a spacious living area, and a large outdoor space. The master bedroom includes an ensuite and walk-in robe. A bright, well-appointed kitchen features a dishwasher and reverse cycle air conditioning. Environmentally friendly with its solar hot water system, this survey strata unit covers 391sqm.
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57.1%
$501K
5.9%
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-$12,284
4.1%
Asking Price
$535,000
Estimated Purchase Price
$535,000
Stamp Duty
$19,428
Transfer Fee
$313
Conveyancing
$1,535
Deposit (10%)
$53,500
Reg. Mortgage
$203
LMI Premium
$11,827
Renovation Costs
-
Total Cash/Equity Required
$87,355
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
$2,113
$2,757
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
$14,231
$20,945
Interest Repayments
$31,779
$31,779
Net Cashflow Before Tax
-$17,548
-$10,834
Depreciation
-
-
Tax Offset
-$5,264
-$3,250
Net Cashflow After Tax
-$12,284
-$7,584
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$571,380
$1,032,919
Loan Balance
I.O
$481,500
$481,500
$89,880
$551,419
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2021 Population
Suburbs
Retail Trade - 11.0%
Manufacturing - 10.0%
Construction - 10.0%
Health Care and Social Assistance - 9.0%
Others - 60.0%
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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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