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$872K
$141,388
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$960,000
Medium
$900,000
Low
$840,000
Confidence
Medium
Build your dream home with Redink Homes amidst Perth's booming property market. Take advantage of affordable building options in multiple suburbs with the backing of Sumitomo Forestry. Redink Homes, part of the Scott Park Group, offers a variety of customizable and energy-efficient designs with options for first homebuyers, downsizers, and investors alike. Enjoy a personalized interior design consultation, fixed site costs for greenfield developments, and numerous premium inclusions such as Daikin reverse cycle ducted AC and Westinghouse appliances. The Quadra Promotional Home boasts features like high ceilings, a Colorbond steel roof, and 20mm silica-free stone benchtops. Note that land must be purchased separately, and design adjustments may be necessary.
Trusted by over 13k property buyers and counting...
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89.4%
$711K
5.1%
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Try Picki for FREE$55,000
-$14,067
4.6%
Asking Price
$871,990
Estimated Purchase Price
$845,000
Stamp Duty
$34,633
Transfer Fee
$373
Conveyancing
$1,535
Deposit (10%)
$84,500
Reg. Mortgage
$203
LMI Premium
$24,094
Renovation Costs
-
Total Cash/Equity Required
$145,888
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$39,000
$55,509
Property Management
+8.2% PA
$3,198
$4,552
Rates
+3.0% PA
$2,000
$2,610
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
$30,097
$43,514
Interest Repayments
$50,193
$50,193
Net Cashflow Before Tax
-$20,096
-$6,679
Depreciation
-
-
Tax Offset
-$6,029
-$2,004
Net Cashflow After Tax
-$14,067
-$4,676
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$961,200
$1,737,621
Loan Balance
I.O
$760,500
$760,500
$200,700
$977,121
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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
Manufacturing - 15.0%
Construction - 14.0%
Retail Trade - 11.0%
Education and Training - 7.0%
Others - 53.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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projected
for 2024 to 2026
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
