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$599K
$110,165
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Try Picki for FREEConfidence
High
High
$720,000
Medium
$680,000
Low
$640,000
Confidence
Medium
This charming 3-bedroom, 2-bathroom home is perfect for first-time buyers, young families, or investors. Located on a raised 300m² block, the residence offers a 107m² interior with an open-plan kitchen, meals, and family area. Enhanced by 32-course high ceilings and wood-look flooring, the home ensures year-round comfort with split-system air conditioning. The modern kitchen, equipped with stainless-steel appliances and ample storage, supports family gatherings. Additional features include a spacious main bedroom with ensuite, built-in robes, a practical laundry, and modern security cameras. Situated in Banksia Grove, the property is close to parks, schools, shopping, and dining, with easy access to transportation.
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71.3%
$678K
5.1%
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Try Picki for FREE$50,000
-$8,191
5.4%
Asking Price
$610,000
Estimated Purchase Price
$630,000
Stamp Duty
$23,940
Transfer Fee
$333
Conveyancing
$1,535
Deposit (10%)
$63,000
Reg. Mortgage
$203
LMI Premium
$17,964
Renovation Costs
-
Total Cash/Equity Required
$107,525
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,800
$48,108
Property Management
+8.2% PA
$2,772
$3,945
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
$25,720
$37,237
Interest Repayments
$37,422
$37,422
Net Cashflow Before Tax
-$11,702
-$185
Depreciation
-
-
Tax Offset
-$3,510
-$55
Net Cashflow After Tax
-$8,191
-$129
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$726,240
$1,312,869
Loan Balance
I.O
$567,000
$567,000
$159,240
$745,869
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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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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
