$1.85M
-
High
$0
Medium
$0
Low
$0
Kristy Clear
None
70.6%
$1.24M
4.4%
$0
$0
0.0%
0.0%
0.0%
0.0%
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.
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
Below are some similar properties in the area you may be interested in.
Asking Price
$0
Estimated Purchase Price
$1,360,000
Stamp Duty
$57,855
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$136,000
Reg. Mortgage
$164
LMI Premium
$38,431
Renovation Costs
$0
Total Cash/Equity Required
$234,645
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
$80,784
$80,784
Net Cashflow Before Tax
-$44,771
-$28,960
Depreciation
$0
$0
Tax Offset
-$13,431
-$8,688
Net Cashflow After Tax
-$31,340
-$20,272
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,473,840
$2,664,352
Loan Balance
I.O
$1,224,000
$1,224,000
$249,840
$1,440,352