Withheld
$83,700
Confidence
High
High
$1,250,000
Medium
$1,200,000
Low
$1,150,000
Confidence
Medium
"Welcome to 70 and 70A Frank Street Mount Druitt. Opportunity Knocking to acquire 2 Homes on a large parcel of land approx. 1011m2. Nestled on the ever popular Frank Street being a short drive to Westfields Mount Druitt. Main property, Neat Tidy 3 Bedroom home currently rented for 510 per week. Features Combined lounge, dining and kitchen, 3 bedroom, large bedroom with built in robe. External laundry with toilet. Entertainment area. Granny Flat, currently rented for 480 per week. Features, Combined lounge and dining, modern, kitchen, bathroom with laundry facilities, both bedrooms have built in robes. Wrap around yard. DISCLAIMER Oxford Realty has taken all care in preparing this information and used their best endeavours to ensure that the information contained therein is true and accurate. We accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Oxford Realty urge prospective purchasers to make their own inquiries to verify the information contained is correct."
-
66.7%
$1.17M
2.4%
$70,000
-$24,863
3.5%
2.8%
-12.9%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$1,130,000
Stamp Duty
$45,585
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$113,000
Reg. Mortgage
$164
LMI Premium
$31,931
Renovation Costs
-
Total Cash/Equity Required
$192,876
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$39,000
$55,509
Property Management
+7.7% PA
$3,003
$4,274
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
$31,604
$45,503
Interest Repayments
$67,122
$67,122
Net Cashflow Before Tax
-$35,518
-$21,619
Depreciation
-
-
Tax Offset
-$10,655
-$6,486
Net Cashflow After Tax
-$24,863
-$15,133
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,281,600
$2,316,828
Loan Balance
I.O
$1,017,000
$1,017,000
$264,600
$1,299,828
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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