$2.4M
$384,001
Confidence
High
High
$1,160,000
Medium
$1,120,000
Low
$1,080,000
Confidence
Medium
"Located at 59 Clifton Road, this property boasts a prime location in one of the fastestgrowing areas of Sydney. With a land size of approximately 3124 square metres, this site presents a rare opportunity for developers and investors to capitalize on the booming property market in Western Sydney. The property is zoned for residential development, allowing for a range of possibilities to build new homes or villas, subject to council approval. With the area experiencing strong population growth, there is high demand for new housing options, making this an ideal investment for those looking to enter the property market or expand their portfolio. Marsden Park is a rapidly developing suburb with excellent transport links, including the nearby M7 motorway, train station, and bus services. The location is also close to a range of amenities, including schools, shopping centers, and recreational facilities, making it an attractive location for families and young professionals. With its prime location and large land size, this development site presents a unique opportunity for those looking to secure a valuable investment in the growing Western Sydney property market. Dont miss out on this rare opportunity enquire today Disclaimer The above information has been gathered from sources that we believe are reliable. However, we cannot guarantee the accuracy of this information, and nor do we accept responsibility for its accuracy. Any interested parties should rely on their own inquiries and judgment to determine the accuracy of this information for their own purposes."
-
80.6%
$740K
3.9%
$65,000
-$26,784
3.0%
2.3%
-15.1%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$1,055,000
Stamp Duty
$42,210
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$105,500
Reg. Mortgage
$164
LMI Premium
$27,167
Renovation Costs
-
Total Cash/Equity Required
$177,236
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+7.7% PA
$2,402
$3,419
Rates
+3.0% PA
$1,016
$1,326
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
$24,405
$35,256
Interest Repayments
$62,667
$62,667
Net Cashflow Before Tax
-$38,262
-$27,411
Depreciation
-
-
Tax Offset
-$11,479
-$8,223
Net Cashflow After Tax
-$26,784
-$19,188
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,196,160
$2,162,373
Loan Balance
I.O
$949,500
$949,500
$246,660
$1,212,873
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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
Retail Trade - 12.0%
Manufacturing - 10.0%
Transport, Postal and Warehousing - 10.0%
Health Care and Social Assistance - 10.0%
Others - 58.0%
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