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$565K
$83,115
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Try Picki for FREEConfidence
High
High
$600,000
Medium
$570,000
Low
$540,000
Confidence
Medium
Discover a low-maintenance lifestyle with this 2011 Ridgewood home, perfect for modern living. Enjoy 3 spacious bedrooms with fitted robes, 2 well-appointed bathrooms, and a stylish kitchen equipped with modern appliances. Porcelain tiling enhances the living spaces, while a ducted reverse cycle system ensures year-round comfort. The home includes a double auto garage with shoppers entry and solar panels for energy efficiency. Conveniently located near parks, shops, schools, and freeway access, this property offers both comfort and potential rental income.
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Location, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
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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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.
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
5.3%
71.6%
$655K
5.2%
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Try Picki for FREE$50,000
-$6,959
5.5%
Asking Price
$549,000
Estimated Purchase Price
$520,000
Stamp Duty
$18,715
Transfer Fee
$313
Conveyancing
$1,535
Deposit (10%)
$52,000
Reg. Mortgage
$203
LMI Premium
$11,495
Renovation Costs
-
Total Cash/Equity Required
$84,811
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+8.2% PA
$2,345
$3,338
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
$20,947
$30,443
Interest Repayments
$30,888
$30,888
Net Cashflow Before Tax
-$9,941
-$445
Depreciation
-
-
Tax Offset
-$2,982
-$133
Net Cashflow After Tax
-$6,959
-$311
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$608,760
$1,100,493
Loan Balance
I.O
$468,000
$468,000
$140,760
$632,493
