$1.2M
$227,315
"Manicured gardens, wide frontage and a great neighbourhood, dont miss out as this property is in an outstanding location, situated minutes away from Schools, Shops, Public Transport Wetherill Park Tafe. My owner is purchasing elsewhere so take this opportunity to make this house your new home. 4 bedrooms with builtins Sperate lounge and dining area Kitchen with dining area Timber flooring throughout Airconditioning Drive through garage 575 sqm block"
Below are some similar properties in the area you may be interested in.
-
78.2%
-
-
-$30,000
-$34,716
2.6%
2.1%
-15.7%
6.0%
Asking Price
$1,200,000
Estimated Purchase Price
$1,290,000
Stamp Duty
$54,005
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$129,000
Reg. Mortgage
$164
LMI Premium
$36,453
Renovation Costs
-
Total Cash/Equity Required
$221,817
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,800
$48,108
Property Management
+7.7% PA
$2,603
$3,704
Rates
+3.0% PA
$788
$1,028
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
$27,032
$38,969
Interest Repayments
$76,626
$76,626
Net Cashflow Before Tax
-$49,594
-$37,657
Depreciation
-
-
Tax Offset
-$14,878
-$11,297
Net Cashflow After Tax
-$34,716
-$26,360
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,345,680
$2,432,669
Loan Balance
I.O
$1,161,000
$1,161,000
$184,680
$1,271,669
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
Manufacturing - 14.0%
Retail Trade - 11.0%
Health Care and Social Assistance - 10.0%
Construction - 9.0%
Others - 56.0%
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