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$650K
$125,167
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$720,000
Medium
$670,000
Low
$620,000
Confidence
Medium
Discover your ultimate coastal living experience in Lancelin South, a vibrant and expanding community just an hour from Joondalup City. This modern 2015 brick home on a spacious 1035sqm corner block balances style and practicality. It features an open-plan living area, a contemporary kitchen, four large bedrooms, and two bathrooms. Enjoy ducted air conditioning, a theatre room, a large patio for alfresco dining, and a vast backyard with potential for extra features. The property includes deep sewer and underground power, and Lancelin South's growth promises future schools, shopping, and medical facilities. Note: The home is currently tenanted, inspections by appointment only.
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90.3%
$250K
11.9%
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Try Picki for FREE-$50,000
-$18,449
3.3%
Asking Price
$670,000
Estimated Purchase Price
$720,000
Stamp Duty
$28,215
Transfer Fee
$353
Conveyancing
$1,535
Deposit (10%)
$72,000
Reg. Mortgage
$203
LMI Premium
$20,530
Renovation Costs
-
Total Cash/Equity Required
$123,386
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
$42,768
$42,768
Net Cashflow Before Tax
-$26,356
-$18,807
Depreciation
-
-
Tax Offset
-$7,907
-$5,642
Net Cashflow After Tax
-$18,449
-$13,165
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$715,560
$1,293,562
Loan Balance
I.O
$648,000
$648,000
$67,560
$645,562
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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
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Trusted by over 13,000 property buyers and counting...
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projected
for 2024 to 2026
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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
