$1.06M
$160,161
Confidence
High
High
$1,550,000
Medium
$1,450,000
Low
$1,350,000
Confidence
Medium
"Discover the perfect blend of comfort and convenience in this solid brick and tile home, ideally situated in the soughtafter East Ballina area. Enjoy the luxury of being within walking distance to the local school, daycare, shops, and the beautiful golf course. Plus, its just a short drive or bike ride to pristine surfing beaches and the vibrant Ballina CBD. Step inside to find a spacious layout featuring separate living areas, perfect for family gatherings or quiet evenings in. The renovated kitchen and bathrooms exude modern elegance, making everyday living a delight. Outside, the large fully fenced yard offers plenty of space for kids and pets to play freely. Relax and entertain on the covered patio, basking in the inviting northerly aspect ideal for soaking up the sun. Dont miss your chance to secure this exceptional property in a prime location Contact us today to arrange a viewing."
4.1%
75.9%
$963K
4.6%
$20,000
-$34,013
3.1%
2.5%
-13.7%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$1,430,000
Stamp Duty
$61,705
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$143,000
Reg. Mortgage
$164
LMI Premium
$40,409
Renovation Costs
-
Total Cash/Equity Required
$247,474
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$44,200
$62,910
Property Management
+7.7% PA
$3,403
$4,844
Rates
+3.0% PA
$1,067
$1,392
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
$36,353
$52,268
Interest Repayments
$84,942
$84,942
Net Cashflow Before Tax
-$48,589
-$32,674
Depreciation
-
-
Tax Offset
-$14,577
-$9,802
Net Cashflow After Tax
-$34,013
-$22,872
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,548,600
$2,799,500
Loan Balance
I.O
$1,287,000
$1,287,000
$261,600
$1,512,500
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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
Health Care and Social Assistance - 17.0%
Retail Trade - 13.0%
Education and Training - 10.0%
Accommodation and Food Services - 9.0%
Others - 51.0%
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