$225K
$34,451
Confidence
High
High
$340,000
Medium
$305,000
Low
$270,000
Confidence
Medium
"Rare 4 bedroom home suitable for investment or family living. Currently leased until 22.7.23 by a long term tenant. The home has an Electric Hot water system and one bathroom. Heating and cooling is supported by two split air systems and a solid fuel fireplace. The kitchen and bathroom are ready for someone to bring them up to date with some modern updates. Or rent as is. A very large rear yard on this 793sqm block provides lots of room to build a garage andor shed or the garden of your dreams."
8.4%
61.5%
-
-
$80,000
+
8.8%
6.5%
2.4%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$225,000
Estimated Purchase Price
$225,000
Stamp Duty
$6,120
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$22,500
Reg. Mortgage
$164
LMI Premium
$3,472
Renovation Costs
-
Total Cash/Equity Required
$34,452
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$19,760
$28,125
Property Management
+7.7% PA
$1,522
$2,166
Rates
+3.0% PA
$310
$404
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
$14,551
$21,148
Interest Repayments
$13,365
$13,365
Net Cashflow Before Tax
$1,186
$7,783
Depreciation
-
-
Tax Offset
$356
$2,335
Net Cashflow After Tax
$831
$5,448
Assumptions
Year 1
Year 10
Property Value
6.8%
$325,740
$588,860
Loan Balance
I.O
$202,500
$202,500
$123,240
$386,360
Below are some similar properties in the area you may be interested in.
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.
2021 Population
Suburbs
Agriculture, Forestry and Fishing - 28.0%
Health Care and Social Assistance - 10.0%
Accommodation and Food Services - 9.0%
Retail Trade - 8.0%
Others - 45.0%
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