$439K
$80,551
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
$445,000
Medium
$420,000
Low
$395,000
Confidence
Medium
$430/week
Street Statistics
Public Housing (%)
1.7%
Owner Occupiers (%)
82.8%
Median Street Sold Price
$108K
Median Street Rental Yield
27.1%
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 FREEProperty Investment Scores
Property
Very Good
Street
Very Good
Suburb
Very Good
Overall
Very Good
Under Market Value
-$20,000
Net Cashflow PA
-$7,553
Gross Yield
5.1%
Purchase Costs
Asking Price
$439,000
Estimated Purchase Price
$440,000
Stamp Duty
$14,915
Transfer Fee
$293
Conveyancing
$1,535
Deposit (10%)
$44,000
Reg. Mortgage
$203
LMI Premium
$9,727
Renovation Costs
-
Total Cash/Equity Required
$71,223
Income Statement (Cashflow)
Income
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$22,360
$31,825
Expenses
Property Management
+8.2% PA
$1,834
$2,610
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
$15,345
$22,456
Interest Repayments
$26,136
$26,136
Net Cashflow Before Tax
-$10,791
-$3,680
Depreciation
-
-
Tax Offset
-$3,237
-$1,104
Net Cashflow After Tax
-$7,553
-$2,576
Balance Sheet
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 FREEAssets
Assumptions
Year 1
Year 10
Property Value
6.8%
$448,560
$810,890
Liabilities
Loan Balance
I.O
$396,000
$396,000
Net Equity
$52,560
$414,890
Property Inspection Report
Property Overview
Explore modern living in this 2010-built brick veneer and Colorbond home nestled in the desirable Golf Course Estate. Occupying a 741 sqm block, this residence offers ample space and privacy, set back from the road. The home includes an open-plan kitchen, dining, and lounge area, ideal for family living and entertaining. With three bedrooms and a well-appointed bathroom, it caters to comfort and functionality. A brick car garage enhances convenience, while the front yard is ready for your creative landscaping vision. An excellent choice for families, newcomers to the property market, or savvy investors.
Inspection Checklist
- Check the condition of the brick veneer and Colorbond materials.
- Inspect the open-plan kitchen, dining, and lounge area for any signs of wear and tear.
- Evaluate the size and layout of the bedrooms for suitability.
- Examine the bathroom for quality of fixtures and overall condition.
- Assess the property’s overall privacy level, considering its setback from the road.
- Inspect the brick car garage for structural integrity and storage space.
- Consider the front yard’s potential for landscaping and any additional features you may wish to add.
Questions for Agent
- Can you provide more details on the materials and construction quality used for the brick veneer and Colorbond?
- What are the specific dimensions of the living areas, bedrooms, and bathroom?
- How is the privacy from neighboring properties and traffic ensured?
- Is there any recent maintenance or updates completed on the property since it was built in 2010?
- Can you share the annual property taxes and any homeowner association fees?
- What are the nearby amenities and community features around the Golf Course Estate?
- Are there any restrictions or guidelines for landscaping the front yard?
Highest rated properties in the area
Below are some similar properties in the area you may be interested in.
Location Opportunity
Northam Shire statistics
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.
11,358
2021 Population
20
Suburbs
Demand
Employment
Em
New project
Pr
lifestyle
Li
population
Po
Supply
New Supply
Su
Opportunity
Opportunity
Op
Em
Employment Industries
Diverse
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%
income growth
High
Average Income
COMMUTE TIME
231mins
119kms
Poor
Pr
Unlock Recent Public Projects
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 FREESpent Per Capita
Li
Po
Population Growth
Average Population
POPULATION vs SUPPLY
Balanced
Projected Population Growth
3.3%
projected
for 2025 to 2027
Low
Su
Unlock Recent New Home Construction
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 FREERecent New Home Construction
0.8%
Average
SALES PRICE GROWTH
Monthly % Change in Median House Prices (Prev. Quarter)
RENTAL YIELD
Excellent
Average Rental Yield
VACANCY RATE
Excellent
Average Vacancy Rate
Days of Supply
Poor
Average Days of Supply
Owner Occupier Level
No data available
VENDOR DISCOUNTING
Excellent
Average Population
Pricing
Sold Price
Asking Price
Analyse all 168,432 Current Properties For Sale.
Trusted by over 13k property buyers and counting...
Try Picki for FREE