$870K
$131,134
Confidence
Medium
High
$910,000
Medium
$870,000
Low
$830,000
Confidence
Medium
"Lovingly cared for over 37 years, this solid brick home is ready for a new family to create lasting memories. Immaculately presented, the threebedroom layout offers immediate comfort, with two living areas and an open kitchendining space. Theres room to add your own touch or reconfigure for more space. In a familyfriendly spot, this easyliving home 200m from school and just five minutes to the beach. Solid brick and Colorbond roofed family home on 609.4sqm block Single level layout above the homes 7.9m x 7m garage Stretch out in the two separate living areas or dining room Quality timber kitchen, electric cooktop, wall oven, dishwasher All three carpeted bedrooms fitted with builtin robes, main with ceiling fan 3way main bathroom, extra shower and toilet in laundry North facing patio for alfresco enjoyment, solar electricity panels Minutes from Belmont Wetlands, 4WD tracks, Nine Mile Beach"
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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 - 18.0%
Retail Trade - 14.0%
Construction - 9.0%
Education and Training - 9.0%
Others - 50.0%
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
Asking Price
$870,000
Estimated Purchase Price
$805,000
Stamp Duty
$30,960
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$80,500
Reg. Mortgage
$164
LMI Premium
$20,729
Renovation Costs
-
Total Cash/Equity Required
$134,549
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$27,040
$38,486
Property Management
+7.7% PA
$2,082
$2,963
Rates
+3.0% PA
$1,381
$1,802
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
$20,200
$29,315
Interest Repayments
$47,817
$47,817
Net Cashflow Before Tax
-$27,617
-$18,502
Depreciation
-
-
Tax Offset
-$8,285
-$5,551
Net Cashflow After Tax
-$19,332
-$12,952
Assumptions
Year 1
Year 10
Property Value
6.8%
$929,160
$1,679,700
Loan Balance
I.O
$724,500
$724,500
$204,660
$955,200