$419K
$62,255
"Discover your perfect home in this stunning, modern twobedroom, one bathroom residence. With meticulous attention to detail, this property features builtin robes in both bedrooms and a sleek, contemporary design throughout. The open plan layout seamlessly integrates the kitchen, dining, and lounge areas, creating an inviting space for relaxation and entertainment. The living area opens onto to an expansive front deck a great place to sit back and relax. Situated on a generous corner block, the home offers ample natural light and privacy. Enjoy yearround comfort with reverse cycle airconditioning. With a new Development Application offering unique advantages for first home buyers, this is an exceptional opportunity to secure a stylish and convenient living space. Dont miss your chance to make this your new home. Features Modern design Two bedrooms Builtin robes One bathroom Separate water closet Gas hot water system RC Air conditioning Bamboo flooring Carpet in the second bedroom Sliding door onto front deck Off street parking New DA DISCLAIMER The information contained in the advertising of this property is not based on any independent enquiries or knowledge of the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters."
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5.6%
74.9%
-
-
$20,000
-$8,049
4.5%
3.1%
-12.8%
6.0%
Asking Price
$419,000
Estimated Purchase Price
$400,000
Stamp Duty
$12,735
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$40,000
Reg. Mortgage
$164
LMI Premium
$7,986
Renovation Costs
-
Total Cash/Equity Required
$63,080
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$18,200
$25,904
Property Management
+7.7% PA
$1,401
$1,995
Rates
+3.0% PA
$1,160
$1,514
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
$12,262
$17,990
Interest Repayments
$23,760
$23,760
Net Cashflow Before Tax
-$11,498
-$5,770
Depreciation
-
-
Tax Offset
-$3,450
-$1,731
Net Cashflow After Tax
-$8,049
-$4,039
Assumptions
Year 1
Year 10
Property Value
6.8%
$448,560
$810,890
Loan Balance
I.O
$360,000
$360,000
$88,560
$450,890
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewLocation, 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 - 12.0%
Education and Training - 10.0%
Accommodation and Food Services - 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