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$850K
$162,109
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Try Picki for FREEConfidence
High
High
$875,000
Medium
$850,000
Low
$825,000
Confidence
Medium
15 Beech Drive is a beautiful blend of comfort, style, and modern functionality. Located a short walk from Margaret River's town center, schools, and farmers markets, this 3-bedroom, 2-bathroom home offers spacious living with an open-plan design. A modern kitchen equipped with a premium 900mm oven and a butler's pantry sets the stage for seamless meal preparation and entertaining. The house includes two living areas, featuring a cozy movie room for family nights. With ducted heating and cooling, a wood heater, and an alfresco area designed for outdoor dining with a built-in kitchen, this home ensures year-round comfort. It also provides ample parking with side access and an oversized garage, making it perfect for families who value convenience and style.
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68%
$700K
5.2%
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Try Picki for FREE-$65,000
-$16,853
4.3%
Asking Price
$850,000
Estimated Purchase Price
$915,000
Stamp Duty
$38,238
Transfer Fee
$393
Conveyancing
$1,535
Deposit (10%)
$91,500
Reg. Mortgage
$203
LMI Premium
$26,090
Renovation Costs
-
Total Cash/Equity Required
$158,509
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$39,000
$55,509
Property Management
+8.2% PA
$3,198
$4,552
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
$30,276
$43,747
Interest Repayments
$54,351
$54,351
Net Cashflow Before Tax
-$24,075
-$10,604
Depreciation
-
-
Tax Offset
-$7,223
-$3,181
Net Cashflow After Tax
-$16,853
-$7,423
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$907,800
$1,641,086
Loan Balance
I.O
$823,500
$823,500
$84,300
$817,586
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
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
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