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$615K
$104,884
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$650,000
Medium
$620,000
Low
$590,000
Confidence
Medium
Embrace the opportunity to build your dream home with Redink Homes in the thriving Perth property market. With limited established listings and the advantage of affordable new builds, this is an ideal chance for first homebuyers, upsizers, downsizers, or investors. Redink Homes, associated with the reputable Scott Park Group and Sumitomo Forestry, offers customization to suit various budgets and personal preferences. Highlighted features include premium inclusions such as COLORBOND steel roofing, 20mm stone benchtops, and modern kitchen and bathroom fixtures. Redink Homes promises a 12-month construction time and fixed site costs, ensuring a stress-free building process.
Trusted by over 13k property buyers and counting...
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57.1%
$501K
5.9%
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Try Picki for FREE$5,000
-$10,263
4.9%
Asking Price
$615,000
Estimated Purchase Price
$615,000
Stamp Duty
$23,228
Transfer Fee
$333
Conveyancing
$1,535
Deposit (10%)
$61,500
Reg. Mortgage
$203
LMI Premium
$17,536
Renovation Costs
-
Total Cash/Equity Required
$104,884
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$30,160
$42,927
Property Management
+8.2% PA
$2,473
$3,520
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
$21,869
$31,816
Interest Repayments
$36,531
$36,531
Net Cashflow Before Tax
-$14,662
-$4,715
Depreciation
-
-
Tax Offset
-$4,399
-$1,415
Net Cashflow After Tax
-$10,263
-$3,301
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$662,160
$1,197,028
Loan Balance
I.O
$553,500
$553,500
$108,660
$643,528
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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
Retail Trade - 11.0%
Manufacturing - 10.0%
Construction - 10.0%
Health Care and Social Assistance - 9.0%
Others - 60.0%
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
