$725K
$111,925
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
$880,000
Medium
$810,000
Low
$740,000
Confidence
Medium
This delightful property, situated a short walk from Lake Richmond, offers perfect family living within its 164sqm floor plan. It features four well-placed bedrooms, including a master suite with a walk-in robe and ensuite. Designed for entertainment, the home boasts a formal lounge, open-plan living, dining, and modern kitchen areas, complemented by easy-care gardens and extensive alfresco options on a 510sqm block. Amenities include ducted air conditioning, a large laundry, and a double remote garage. Built in 2007, it provides a balance of space, comfort, and location, ideal for families, professionals, and investors.
Trusted by over 13k property buyers and counting...
Try Picki for FREE2.7%
81.8%
$748K
4.9%
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$115,000
-$32,619
-
Asking Price
$749,000
Estimated Purchase Price
$695,000
Stamp Duty
$27,028
Transfer Fee
$333
Conveyancing
$1,535
Deposit (10%)
$69,500
Reg. Mortgage
$203
LMI Premium
$19,817
Renovation Costs
-
Total Cash/Equity Required
$118,966
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+8.2% PA
-
-
Rates
+3.0% PA
$1,611
$2,102
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
-$5,316
-$6,936
Interest Repayments
$41,283
$41,283
Net Cashflow Before Tax
-$46,599
-$48,219
Depreciation
-
-
Tax Offset
-$13,980
-$14,466
Net Cashflow After Tax
-$32,619
-$33,753
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%
$865,080
$1,563,859
Loan Balance
I.O
$625,500
$625,500
$239,580
$938,359
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
Retail Trade - 16.0%
Health Care and Social Assistance - 14.0%
Education and Training - 13.0%
Public Administration and Safety - 12.0%
Others - 45.0%
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 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
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 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