The information provided is for general informational purposes only. While we strive for accuracy, we make no guarantees about the completeness or reliability of the content. Any reliance you place on this information is at your own risk, and we are not liable for any losses or damages arising from its use.
Additionally, our site may contain links to external websites, which we do not control. The inclusion of these links does not imply endorsement of their content. By using Picki, you accept this disclaimer and acknowledge that the information may not be suitable for all users.
© 2024 Picki. All rights reserved.
$599K
$112,805
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
High
High
$640,000
Medium
$590,000
Low
$540,000
Confidence
Medium
Experience modern coastal living in this charming 2019-built home in Lancelin South. Nestled on a generous 620sqm corner lot, this property features an open-plan living area with floating timber floors, a sleek kitchen, and a spacious alfresco patio. All bedrooms include built-in wardrobes, with the master offering an ensuite for added comfort. Enjoy low-maintenance artificial lawn at the front and a lush real lawn at the back. Perfect for families or hobbyists, the property includes a large shed with easy access for vehicles, and is part of a thriving community with future growth plans.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
90.3%
$250K
11.9%
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE-$55,000
-$15,331
3.6%
Asking Price
$599,000
Estimated Purchase Price
$645,000
Stamp Duty
$24,653
Transfer Fee
$333
Conveyancing
$1,535
Deposit (10%)
$64,500
Reg. Mortgage
$203
LMI Premium
$18,391
Renovation Costs
-
Total Cash/Equity Required
$110,165
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+8.2% PA
$1,919
$2,731
Rates
+3.0% PA
$1,364
$1,780
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
$16,412
$23,961
Interest Repayments
$38,313
$38,313
Net Cashflow Before Tax
-$21,901
-$14,352
Depreciation
-
-
Tax Offset
-$6,570
-$4,306
Net Cashflow After Tax
-$15,331
-$10,047
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$630,120
$1,139,107
Loan Balance
I.O
$580,500
$580,500
$49,620
$558,607
Below are some similar properties in the area you may be interested in.
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
Agriculture, Forestry and Fishing - 45.0%
Construction - 8.0%
Retail Trade - 6.0%
Accommodation and Food Services - 5.0%
Others - 36.0%
Average Income
Create a free account to access the tools and information you need to make the best property investment decisions.
Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2024 to 2026
Create a free account to access the tools and information you need to make the best property investment decisions.
Trusted by over 13,000 property buyers and counting...
Try Picki for FREEMonthly % 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
