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Withheld
$2,085
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Try Picki for FREEConfidence
High
High
$770,000
Medium
$725,000
Low
$680,000
Confidence
Medium
This impressive property sits on a spacious 675m² corner block in Banksia Grove, featuring modern amenities and prime location. It boasts a newly installed swimming pool, large insulated patio equipped with a BBQ, and café blinds for the perfect outdoor experience. The master suite offers luxurious space with a bay window, walk-in robes, and a modern ensuite. Entertainment is enhanced with a home theatre, and everyday convenience is ensured with a modern kitchen offering a shoppers entry and walk-in pantry. With ducted air conditioning and a significant solar power system, comfort and efficiency are top-notch. The double garage with extra width, 3-phase power, and rear drive-through access is ideal for storage and projects. All children's bedrooms are generously sized with built-in robes. Located near convenient transport, shopping, and numerous parks, it's a haven for families and investors alike.
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Try Picki for FREELocation, 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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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
Below are some similar properties in the area you may be interested in.
4.3%
77.1%
$655K
5.3%
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-$10,218
5.1%
Asking Price
$700,000
Estimated Purchase Price
$735,000
Stamp Duty
$28,968
Transfer Fee
$353
Conveyancing
$1,535
Deposit (10%)
$73,500
Reg. Mortgage
$203
LMI Premium
$20,958
Renovation Costs
-
Total Cash/Equity Required
$126,067
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$37,440
$53,289
Property Management
+8.2% PA
$3,070
$4,370
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
$29,062
$41,993
Interest Repayments
$43,659
$43,659
Net Cashflow Before Tax
-$14,597
-$1,666
Depreciation
-
-
Tax Offset
-$4,379
-$500
Net Cashflow After Tax
-$10,218
-$1,166
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$774,300
$1,399,750
Loan Balance
I.O
$661,500
$661,500
$112,800
$738,250
