$1.95M
$305,614
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Try Picki for FREEConfidence
High
High
$2,200,000
Medium
$2,000,000
Low
$1,800,000
Confidence
Medium
This magnificent Karnup Estate features two 4x2 homes, perfect for multi-generational living, on a stunning 9-acre block. The main residence, a Classic Federation style built in 2007, boasts high ceilings and light-filled living areas with excellent kitchen facilities. The outdoor area includes a large pitched patio and multiple sheds for storage or work, including a massive 11x17 metre workshop. Attached gardens and orchards create a serene backdrop. A second home, built in 1986 with its own entry and utilities, offers additional living space. Both homes are equipped for comfort with ducted air conditioning, quality flooring, and superb kitchen designs.
Trusted by over 13k property buyers and counting...
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88.8%
$1.21M
3.4%
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Try Picki for FREE$250,000
-$54,766
1.9%
Asking Price
$2,000,000
Estimated Purchase Price
$1,750,000
Stamp Duty
$81,241
Transfer Fee
$553
Conveyancing
$1,535
Deposit (10%)
$175,000
Reg. Mortgage
$203
LMI Premium
$54,758
Renovation Costs
-
Total Cash/Equity Required
$313,840
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,800
$48,108
Property Management
+8.2% PA
$2,772
$3,945
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
$25,712
$37,227
Interest Repayments
$103,950
$103,950
Net Cashflow Before Tax
-$78,238
-$66,723
Depreciation
-
-
Tax Offset
-$23,471
-$20,017
Net Cashflow After Tax
-$54,766
-$46,706
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$2,136,000
$3,861,380
Loan Balance
I.O
$1,575,000
$1,575,000
$561,000
$2,286,380
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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
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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