$450K
$80,551
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
-
Medium
-
Low
-
Confidence
Discover your dream lifestyle on this stunning 3.4-acre block, nestled in a peaceful cul-de-sac and bordered by natural bushland. Located just 14km from Augusta and 25km from Margaret River, this ready-to-build parcel of land is perfectly positioned in Karridale. Experience the extraordinary Leeuwin cape and the renowned Margaret River Wine Region right at your doorstep.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
72.2%
$640K
5.1%
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-$25,000
-$23,619
-
Asking Price
$450,000
Estimated Purchase Price
$475,000
Stamp Duty
$16,578
Transfer Fee
$293
Conveyancing
$1,535
Deposit (10%)
$47,500
Reg. Mortgage
$203
LMI Premium
$10,500
Renovation Costs
-
Total Cash/Equity Required
$77,159
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+8.2% PA
-
-
Rates
+3.0% PA
$1,821
$2,376
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
-$5,526
-$7,210
Interest Repayments
$28,215
$28,215
Net Cashflow Before Tax
-$33,741
-$35,425
Depreciation
-
-
Tax Offset
-$10,122
-$10,628
Net Cashflow After Tax
-$23,619
-$24,798
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%
$480,600
$868,810
Loan Balance
I.O
$427,500
$427,500
$53,100
$441,310
Below are some similar properties in the area you may be interested in.
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
Accommodation and Food Services - 13.0%
Retail Trade - 12.0%
Manufacturing - 11.0%
Agriculture, Forestry and Fishing - 10.0%
Others - 54.0%
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
No data available
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price