$255K
$37,460
Confidence
Medium
High
$270,000
Medium
$245,000
Low
$220,000
Confidence
Low
"INVITING HOME OFFERS A BLEND OF COMFORT AND FUNCTIONALAITY. BOASTING THREE WELL APPOINTED BEDROOMS THIS HOME GIVES OFF A SENSE OF WARMTH PARTICULARLY IN ITS COMFORTABLE LIVING AREA THAT FLOWS SEAMLESSLY INTO THE KITCHEN AND DINING SPACE. THE KITCHEN IS EQUIPPED WITH AMPLE CABINETRYAND ELEC APPLIANCES. ENCLOSED SUNROOM AT THE REAR OF THE PROPERTY. PAVED PERGORLA BBQ AREA SINGLE GARAGE GARDEN SHED POSITIONED ON A 951 M2 PARCEL OF LAND."
3.6%
78.2%
$203K
7.7%
-$5,000
-$4,071
5.8%
3.6%
-10.7%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$255,000
Estimated Purchase Price
$250,000
Stamp Duty
$6,995
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$25,000
Reg. Mortgage
$164
LMI Premium
$3,858
Renovation Costs
-
Total Cash/Equity Required
$38,213
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$14,560
$20,723
Property Management
+7.7% PA
$1,121
$1,596
Rates
+3.0% PA
$1,027
$1,340
Water
+3.0% PA
$1,127
$1,470
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$9,035
$13,381
Interest Repayments
$14,850
$14,850
Net Cashflow Before Tax
-$5,815
-$1,469
Depreciation
-
-
Tax Offset
-$1,745
-$441
Net Cashflow After Tax
-$4,071
-$1,028
Assumptions
Year 1
Year 10
Property Value
6.8%
$261,660
$473,019
Loan Balance
I.O
$225,000
$225,000
$36,660
$248,019
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
Health Care and Social Assistance - 16.0%
Retail Trade - 12.0%
Education and Training - 9.0%
Manufacturing - 8.0%
Others - 55.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price