$845K
$159,308
Confidence
High
High
$612,000
Medium
$576,000
Low
$540,000
Confidence
Medium
"Are you looking for a beautiful natural outlook and the perfect family home in the heart of Raymond Terrace. This spacious and contemporary 4bedroom 3bathroom home, nestled in the highly sought after Riverview Ridge estate, is the epitome of modern living. With four spacious bedrooms, including 2 main bedrooms with walkin robes and ensuites, 2 separate living areas, large kitchen and dining room, this home certainly has all your needs covered. This property has more than enough room for the whole family, spanning out over 644 square meters, offering the perfect blend of luxury and style fit with a double garage attached to the house for the owners comfort and ease. Located close to shops, schools, public transport, and the local sporting grounds, this home offers easy access to all amenities. Dont miss your chance to own this amazing home in Riverview Ridge."
-
70.9%
$631K
4.8%
$35,000
-$11,098
4.1%
3.0%
-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
$540,000
Stamp Duty
$19,035
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$54,000
Reg. Mortgage
$164
LMI Premium
$10,780
Renovation Costs
-
Total Cash/Equity Required
$86,175
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$22,360
$31,825
Property Management
+7.7% PA
$1,722
$2,451
Rates
+3.0% PA
$1,040
$1,357
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
$16,221
$23,612
Interest Repayments
$32,076
$32,076
Net Cashflow Before Tax
-$15,855
-$8,464
Depreciation
-
-
Tax Offset
-$4,756
-$2,539
Net Cashflow After Tax
-$11,098
-$5,925
Assumptions
Year 1
Year 10
Property Value
6.8%
$614,100
$1,110,147
Loan Balance
I.O
$486,000
$486,000
$128,100
$624,147
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2021 Population
Suburbs
Public Administration and Safety - 15.0%
Manufacturing - 12.0%
Retail Trade - 10.0%
Accommodation and Food Services - 9.0%
Others - 54.0%
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