$1.43M
$246,557
Confidence
High
High
$1,340,000
Medium
$1,230,000
Low
$1,120,000
Confidence
Moderate
"Discover this prime mediumdensity zoned property, nestled in the historic heart of Camden, featuring a spacious 1053 square metre block. This unique offering is perfect for savvy investors and developers ready to capitalize on its substantial size and strategic location. The existing home, a piece of local history from 1968, boasts three generously sized carpeted bedrooms, a renovated bathroom, and a carport for two vehicles. Plus, two bedrooms come with builtin robes for added convenience. Enhancing this versatile property is a supplementary building, which includes an additional queensized bedroom and a sizable 18 square metre lounge area, both equipped with split system airconditioning for yearround comfort. Located adjacent to Camden South Public School and just a short stroll from the vibrant town centrefilled with charming cafes and eclectic shopsthis property offers immediate rental potential and endless development possibilities. Imagine transforming this expansive space into a collection of townhouses, villas, or apartments STCA, or simply hold onto it as your investment grows. For a private inspection and to explore the limitless potential of 58 Old Hume Highway, contact Glen Patterson at 0412 669 482. Take the first step towards a promising future in property"
27.9%
37.2%
$841K
3.9%
$50,000
-$30,481
2.9%
2.3%
-15.1%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$1,180,000
Stamp Duty
$47,955
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$118,000
Reg. Mortgage
$164
LMI Premium
$33,344
Renovation Costs
-
Total Cash/Equity Required
$201,659
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,800
$48,108
Property Management
+7.7% PA
$2,603
$3,704
Rates
+3.0% PA
$1,272
$1,660
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
$26,548
$38,338
Interest Repayments
$70,092
$70,092
Net Cashflow Before Tax
-$43,544
-$31,754
Depreciation
-
-
Tax Offset
-$13,063
-$9,526
Net Cashflow After Tax
-$30,481
-$22,228
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,313,640
$2,374,749
Loan Balance
I.O
$1,062,000
$1,062,000
$251,640
$1,312,749
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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
Construction - 16.0%
Retail Trade - 13.0%
Health Care and Social Assistance - 10.0%
Education and Training - 9.0%
Others - 52.0%
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