$159K
$26,320
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$540,000
Medium
$480,000
Low
$420,000
Confidence
Medium
Discover an ideal block of land in Balingup, perfectly positioned near town amenities, including cafes, shops, and the Balingup primary school. This spacious 1168m2 plot combines residential living with ample room for family activities. Utilities such as water and power are connected, making it ready for your dream home.
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79.1%
$475K
4.8%
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Try Picki for FREE$30,000
-$11,246
4.0%
Asking Price
-
Estimated Purchase Price
$450,000
Stamp Duty
$15,390
Transfer Fee
$293
Conveyancing
$1,535
Deposit (10%)
$45,000
Reg. Mortgage
$203
LMI Premium
$9,948
Renovation Costs
-
Total Cash/Equity Required
$72,919
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$18,200
$25,904
Property Management
+8.2% PA
$1,492
$2,124
Rates
+3.0% PA
$2,339
$3,052
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
$10,664
$15,894
Interest Repayments
$26,730
$26,730
Net Cashflow Before Tax
-$16,066
-$10,836
Depreciation
-
-
Tax Offset
-$4,820
-$3,251
Net Cashflow After Tax
-$11,246
-$7,585
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$512,640
$926,731
Loan Balance
I.O
$405,000
$405,000
$107,640
$521,731
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 25.0%
Retail Trade - 10.0%
Education and Training - 9.0%
Health Care and Social Assistance - 9.0%
Others - 47.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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projected
for 2025 to 2027
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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