$1.18M
$222,734
Confidence
High
High
$1,260,000
Medium
$1,200,000
Low
$1,140,000
Confidence
Moderate
"Situated only 400m from Wiley Park Station is this updated, 3bedroom home. The home has quality tiled flooring throughout and includes a modern eat in kitchen and a separate living space. Walk through to the 3 good sized bedrooms with built in wardrobes, and a serviceable bathroom with 2 separate toilets. There is a low maintenance back yard with a sunny northerly aspect and off street parking at the front for up to 4 cars. This home presents a great opportunity for the family, or a stressfree investment to add to your portfolio. LAND DIMENSIONS 10.97 x 32.31 ZONED R4 High Density Residential. Approx. rental return 850 per week All precaution has been taken to determine the accuracy of the above information however, all interested parties are to rely on their own inquiries and professional advice."
9.6%
36.5%
-
-
-$65,000
-$37,255
2.3%
1.7%
-17.1%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$1,175,000
Estimated Purchase Price
$1,265,000
Stamp Duty
$52,630
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$126,500
Reg. Mortgage
$164
LMI Premium
$35,746
Renovation Costs
-
Total Cash/Equity Required
$217,236
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
Rates
+3.0% PA
$1,101
$1,437
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
$21,920
$31,730
Interest Repayments
$75,141
$75,141
Net Cashflow Before Tax
-$53,221
-$43,411
Depreciation
-
-
Tax Offset
-$15,966
-$13,023
Net Cashflow After Tax
-$37,255
-$30,388
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,281,600
$2,316,828
Loan Balance
I.O
$1,138,500
$1,138,500
$143,100
$1,178,328
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2021 Population
Suburbs
Manufacturing - 13.0%
Health Care and Social Assistance - 13.0%
Retail Trade - 10.0%
Construction - 9.0%
Others - 55.0%
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