$257K
$35,203
Confidence
Medium
High
$187,000
Medium
$156,000
Low
$125,000
Confidence
Low
"Solid brick home on concrete slab with three bedrooms one with BIRs. Front door opens into the lounge and kitchen area. Newer carpet in the lounge with older carpet in two of the bedrooms. Lino floor kitchen and bathroom. Back door opens out into a enclosed veranda with shade cloth and access to laundry. Large yard with old fernery needing some tender loving care and a few fruit trees. The large back garage has electricity connected and concrete floor and work benches. With a new coat of paint and new floor and window coverings this could just be a good little investment for the right do it yourself person."
2.7%
79.2%
-
-
-$75,000
-$3,047
6.3%
4.0%
-8.7%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$257,000
Estimated Purchase Price
$230,000
Stamp Duty
$6,295
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$23,000
Reg. Mortgage
$164
LMI Premium
$3,549
Renovation Costs
-
Total Cash/Equity Required
$35,204
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$14,560
$20,723
Property Management
+7.7% PA
$1,121
$1,596
Rates
+3.0% PA
$753
$982
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
$9,309
$13,739
Interest Repayments
$13,662
$13,662
Net Cashflow Before Tax
-$4,353
$77
Depreciation
-
-
Tax Offset
-$1,306
$23
Net Cashflow After Tax
-$3,047
$54
Assumptions
Year 1
Year 10
Property Value
6.8%
$165,540
$299,257
Loan Balance
I.O
$207,000
$207,000
-$41,460
$92,257
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 24.0%
Accommodation and Food Services - 19.0%
Retail Trade - 7.0%
Manufacturing - 7.0%
Others - 43.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price