$1.65M
-
High
$0
Medium
$0
Low
$0
Jamie Wilmen
None
76.7%
$1.62M
3.6%
$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
$1,650,000
Estimated Purchase Price
$1,445,000
Stamp Duty
$62,530
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$144,500
Reg. Mortgage
$164
LMI Premium
$40,833
Renovation Costs
$0
Total Cash/Equity Required
$250,222
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$36,400
$51,809
Property Management
+7.7% PA
$2,803
$3,989
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
$28,813
$41,577
Interest Repayments
$85,833
$85,833
Net Cashflow Before Tax
-$57,020
-$44,256
Depreciation
$0
$0
Tax Offset
-$17,106
-$13,277
Net Cashflow After Tax
-$39,914
-$30,979
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,543,260
$2,789,847
Loan Balance
I.O
$1,300,500
$1,300,500
$242,760
$1,489,347