$500K
$95,183
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Try Picki for FREEConfidence
High
High
$750,000
Medium
$690,000
Low
$640,000
Confidence
Medium
Discover luxury living in this impeccably maintained elevated abode. Enjoy effortless comfort with a master bedroom featuring a walk-in robe and ensuite, and a captivating living area with modern kitchen. Perfect for relaxation and gatherings, this home boasts premium fixtures, floating wood and tiled flooring, and an inviting outdoor patio. Located in a desirable area, this property is currently tenanted, with a lease ending on May 27, 2025. Ideal for buyers seeking refined living without the hassle of extensive upkeep. Act swiftly to secure this residence.
Trusted by over 13k property buyers and counting...
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61.3%
$520K
8%
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Try Picki for FREE$130,000
-$7,954
5.3%
Asking Price
$500,000
Estimated Purchase Price
$560,000
Stamp Duty
$20,615
Transfer Fee
$313
Conveyancing
$1,535
Deposit (10%)
$56,000
Reg. Mortgage
$203
LMI Premium
$15,968
Renovation Costs
-
Total Cash/Equity Required
$95,184
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$29,640
$42,187
Property Management
+8.2% PA
$2,430
$3,459
Rates
+3.0% PA
$1,603
$2,092
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
$21,902
$31,802
Interest Repayments
$33,264
$33,264
Net Cashflow Before Tax
-$11,362
-$1,462
Depreciation
-
-
Tax Offset
-$3,409
-$439
Net Cashflow After Tax
-$7,954
-$1,023
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$736,920
$1,332,176
Loan Balance
I.O
$504,000
$504,000
$232,920
$828,176
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2021 Population
Suburbs
Construction - 16.0%
Retail Trade - 13.0%
Education and Training - 12.0%
Manufacturing - 9.0%
Others - 50.0%
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