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.
$847K
$161,209
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
$975,000
Medium
$925,000
Low
$875,000
Confidence
Medium
Seize the opportunity to build your dream home with Redink Homes in Perth’s bustling property market. As part of the esteemed Scott Park Group, Redink offers flexible and customizable home designs suited to a variety of needs and budgets. With guarantees such as a 12-month construction time and a 6-month price hold, plus Redink Homes' premium inclusions, this is an appealing choice for first homebuyers and investors alike. Keep in mind, this package requires separate contracts for the building and land, with potential adjustments based on site factors and developer guidelines.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
93.8%
$858K
4.8%
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$420,000
-$9
7.7%
Asking Price
$470,000
Estimated Purchase Price
$505,000
Stamp Duty
$18,003
Transfer Fee
$313
Conveyancing
$1,535
Deposit (10%)
$50,500
Reg. Mortgage
$203
LMI Premium
$11,164
Renovation Costs
-
Total Cash/Equity Required
$82,267
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
$2,113
$2,757
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
$29,984
$43,366
Interest Repayments
$29,997
$29,997
Net Cashflow Before Tax
-$13
$13,369
Depreciation
-
-
Tax Offset
-$4
$4,011
Net Cashflow After Tax
-$9
$9,358
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%
$987,900
$1,785,888
Loan Balance
I.O
$454,500
$454,500
$533,400
$1,331,388
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
Retail Trade - 11.0%
Manufacturing - 10.0%
Construction - 10.0%
Health Care and Social Assistance - 9.0%
Others - 60.0%
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
Below are some similar properties in the area you may be interested in.
