Withheld
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High
$0
Medium
$0
Low
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Jamie Wilmen
None
64.7%
$1.31M
3.3%
$0
$0
0.0%
0.0%
0.0%
0.0%
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Location, 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.
2016 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 13.0%
Accommodation and Food Services - 11.0%
Education and Training - 9.0%
Others - 49.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price
Asking Price
$2,200,000
Estimated Purchase Price
$2,035,000
Stamp Duty
$94,980
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$203,500
Reg. Mortgage
$164
LMI Premium
$57,505
Renovation Costs
$0
Total Cash/Equity Required
$358,345
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$44,200
$62,910
Property Management
+7.7% PA
$3,403
$4,844
Rates
+3.0% PA
$1,407
$1,836
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
$36,013
$51,824
Interest Repayments
$120,879
$120,879
Net Cashflow Before Tax
-$84,866
-$69,055
Depreciation
$0
$0
Tax Offset
-$25,460
-$20,716
Net Cashflow After Tax
-$59,406
-$48,338
Assumptions
Year 1
Year 10
Property Value
6.8%
$2,173,380
$3,928,954
Loan Balance
I.O
$1,831,500
$1,831,500
$341,880
$2,097,454