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$899K
$172,010
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$970,000
Medium
$920,000
Low
$870,000
Confidence
Not applicable
Discover a stunning three-bedroom, two-bathroom family home in Helena Valley, featuring 220 square metres of internal space on a 659 square metre block. Built in 2011, this house offers a triple-car garage, extensive kitchen with stone benchtops, and a spacious outdoor area with a pool. It includes a theatre room, study space, and large windows that flood the house with natural light. Currently leased with friendly tenants at 1,700 per fortnight until May 2025, it presents a lucrative opportunity for investors or a future home for owner-occupiers. Nestled in a private cul-de-sac within the Drummond Gardens Estate, enjoy easy access to parks, public transport, and major roadways.
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90.8%
$815K
5.4%
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Try Picki for FREE-$45,000
-$43,988
-
Asking Price
$899,000
Estimated Purchase Price
$965,000
Stamp Duty
$40,813
Transfer Fee
$393
Conveyancing
$1,535
Deposit (10%)
$96,500
Reg. Mortgage
$203
LMI Premium
$27,516
Renovation Costs
-
Total Cash/Equity Required
$167,510
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+8.2% PA
-
-
Rates
+3.0% PA
$1,814
$2,367
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
-$5,519
-$7,201
Interest Repayments
$57,321
$57,321
Net Cashflow Before Tax
-$62,840
-$64,522
Depreciation
-
-
Tax Offset
-$18,852
-$19,357
Net Cashflow After Tax
-$43,988
-$45,165
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Year 1
Year 10
Property Value
6.8%
$982,560
$1,776,235
Loan Balance
I.O
$868,500
$868,500
$114,060
$907,735
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2021 Population
Suburbs
Education and Training - 13.0%
Retail Trade - 11.0%
Public Administration and Safety - 10.0%
Construction - 9.0%
Others - 57.0%
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
