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$677K
$115,445
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$690,000
Medium
$665,000
Low
$640,000
Confidence
Medium
This prime opportunity in a sought-after area caters to first home buyers and investors looking for value and customization. The offer includes a 12-month construction guarantee, a price hold, and an option to personalize the home with premium features like Daikin air conditioning, stone countertops, and high ceilings. Redink Homes promises a superior building experience with a lifetime structural warranty. Note: Land purchase is separate and modifications may incur extra costs.
Trusted by over 13k property buyers and counting...
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91.8%
$706K
5.5%
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Try Picki for FREE-$10,000
-$9,751
5.2%
Asking Price
$676,990
Estimated Purchase Price
$675,000
Stamp Duty
$26,078
Transfer Fee
$333
Conveyancing
$1,535
Deposit (10%)
$67,500
Reg. Mortgage
$203
LMI Premium
$19,247
Renovation Costs
-
Total Cash/Equity Required
$115,445
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$34,840
$49,588
Property Management
+8.2% PA
$2,857
$4,066
Rates
+3.0% PA
$2,113
$2,757
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
$26,165
$37,931
Interest Repayments
$40,095
$40,095
Net Cashflow Before Tax
-$13,930
-$2,164
Depreciation
-
-
Tax Offset
-$4,179
-$649
Net Cashflow After Tax
-$9,751
-$1,515
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Year 1
Year 10
Property Value
6.8%
$710,220
$1,283,909
Loan Balance
I.O
$607,500
$607,500
$102,720
$676,409
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2021 Population
Suburbs
Retail Trade - 11.0%
Manufacturing - 10.0%
Construction - 10.0%
Health Care and Social Assistance - 9.0%
Others - 60.0%
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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Trusted by over 13,000 property buyers and counting...
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
