$595K
$85,350
Confidence
High
High
$615,000
Medium
$570,000
Low
$525,000
Confidence
Medium
"Located on the western fringe of town is this neat weatherboard home on a large 8667m2 fenced block. The home comprises an open plan living, dining and kitchen space with combustion heater warming the heart of the house, built in cabinetry in the lounge room, polished floorboards, ceiling fan and air conditioner, kitchen with gas cooking on the island bench, electric oven, loads of bench and storage space, dining room opens out through French doors on to the west facing deck. The master suite is 9.5m x 3.9m and includes bedroom with air con and ceiling fan, huge ensuite with corner bath, shower, vanity and toilet and a walk inthrough robe. The other 2 generous bedrooms have built in robes and ceiling fans. Bathroom and laundry and lots of linen storage cupboards. Outdoors there is a 12.5m x 8m Colorbond barn style shed with ample car space, workshop and the manlady cave with combustion heater Fire pit for outdoor entertaining under the shade of the huge tree and has lovely mountain views. The home has a new roof and insulated with an insulation blanket, freshly painted and is on town water. Call to arrange your inspection."
-
83.2%
$635K
3.4%
$20,000
-$10,554
4.3%
3.2%
-12.0%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$595,000
Estimated Purchase Price
$550,000
Stamp Duty
$19,485
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$55,000
Reg. Mortgage
$164
LMI Premium
$10,980
Renovation Costs
-
Total Cash/Equity Required
$87,825
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
Rates
+3.0% PA
$628
$819
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
$17,593
$25,515
Interest Repayments
$32,670
$32,670
Net Cashflow Before Tax
-$15,077
-$7,155
Depreciation
-
-
Tax Offset
-$4,523
-$2,146
Net Cashflow After Tax
-$10,554
-$5,008
Assumptions
Year 1
Year 10
Property Value
6.8%
$608,760
$1,100,493
Loan Balance
I.O
$495,000
$495,000
$113,760
$605,493
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 - 26.0%
Health Care and Social Assistance - 12.0%
Retail Trade - 10.0%
Accommodation and Food Services - 7.0%
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