$480K
$86,175
"Unlock the potential of this four bedroom property sprawling over a 1012m2 blockan ideal canvas for renovators or savvy investors. With a backyard shed, a side carport, and an inviting aboveground pool surrounded by decking. Inside, discover spacious living, a warm fireplace, and an outdoor entertaining deck. Enjoy the luxury of expansive front and back yards, perfect for leisure and play. Key Features Four bedrooms for flexible living options Perfect for renovators or as a strategic investment Backyard shed and side carport Aboveground pool with decking Expansive 1012m2 block for limitless potential Spacious living area with a cosy fireplace Outdoor entertaining deck Generous front and back yards for relaxation and play Whether youre crafting your dream home or building your investment portfolio, this property offers endless possibilities. Schedule your viewing today"
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4.1%
64.5%
$404K
5.1%
-$70,000
-$12,190
3.9%
2.7%
-14.2%
6.0%
Asking Price
$480,000
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
$20,800
$29,605
Property Management
+7.7% PA
$1,602
$2,280
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
$14,661
$21,406
Interest Repayments
$32,076
$32,076
Net Cashflow Before Tax
-$17,415
-$10,670
Depreciation
-
-
Tax Offset
-$5,224
-$3,201
Net Cashflow After Tax
-$12,190
-$7,469
Assumptions
Year 1
Year 10
Property Value
6.8%
$501,960
$907,424
Loan Balance
I.O
$486,000
$486,000
$15,960
$421,424
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