$150K
$23,169
"This property would suit the renovator or investor or someone looking for that country escape home 3 sizable bedrooms, open kitchen and dining area with woodheating and split system air conditioning. Basic but accommodating This home comes with a huge solar system, keeping you in credit The property is complemented with a large shedworkshop and generous 14 acre allotment. Owner has downsized and ready to sell."
-
91.7%
-
-
-$75,000
+
10.4%
6.8%
4.1%
6.0%
Asking Price
$150,000
Estimated Purchase Price
$150,000
Stamp Duty
$3,495
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$15,000
Reg. Mortgage
$164
LMI Premium
$2,315
Renovation Costs
-
Total Cash/Equity Required
$23,169
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$15,600
$22,204
Property Management
+7.7% PA
$1,201
$1,710
Rates
+3.0% PA
$753
$982
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
$10,269
$15,105
Interest Repayments
$8,910
$8,910
Net Cashflow Before Tax
$1,359
$6,195
Depreciation
-
-
Tax Offset
$408
$1,859
Net Cashflow After Tax
$951
$4,337
Assumptions
Year 1
Year 10
Property Value
6.8%
$80,100
$144,802
Loan Balance
I.O
$135,000
$135,000
-$54,900
$9,802
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
Agriculture, Forestry and Fishing - 24.0%
Accommodation and Food Services - 19.0%
Retail Trade - 7.0%
Manufacturing - 7.0%
Others - 43.0%
Average Income
Average Population
projected
for 2024 to 2026
Average Days of Supply
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