$880K
$131,988
Confidence
High
High
$960,000
Medium
$920,000
Low
$880,000
Confidence
Moderate
"Seize the chance to secure in a substantial 537m Northeastfacing block, situated on the high side of the street. The current structure is an original 3bedroom brick home featuring a family room and dining room offering the potential to rent for 550 per week. Prime Corner Location 537m block with a North East aspect High Side of the Street Easementfree building envelope R2 Zoning Blacktown Council Recently updated flooring, paint, lights and blinds Existing Home is Bricktile construction with 3 bedrooms Living Spaces consist of Formal living, dining room Detached laundry with second WC, water rates 250 per quarter Prospective rent of 550 per week, council rates 400 per quarter Convenient Transport Buses at the door to Blacktown and Seven Hills Local Amenities Short walk to local shops, primary, and high schools"
21%
46.8%
$903K
3.2%
$85,000
-$20,324
3.2%
2.5%
-14.6%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$900,000
Estimated Purchase Price
$835,000
Stamp Duty
$32,310
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$83,500
Reg. Mortgage
$164
LMI Premium
$21,502
Renovation Costs
-
Total Cash/Equity Required
$139,671
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
$1,016
$1,326
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
$20,565
$29,791
Interest Repayments
$49,599
$49,599
Net Cashflow Before Tax
-$29,034
-$19,808
Depreciation
-
-
Tax Offset
-$8,710
-$5,942
Net Cashflow After Tax
-$20,324
-$13,866
Assumptions
Year 1
Year 10
Property Value
6.8%
$982,560
$1,776,235
Loan Balance
I.O
$751,500
$751,500
$231,060
$1,024,735
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2021 Population
Suburbs
Retail Trade - 12.0%
Manufacturing - 10.0%
Transport, Postal and Warehousing - 10.0%
Health Care and Social Assistance - 10.0%
Others - 58.0%
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