$995K
$166,991
Confidence
High
High
$1,200,000
Medium
$1,075,000
Low
$950,000
Confidence
Medium
"Coming home never felt so good when its a Newport home. This home highlights the importance of thoughtful design with all the necessities for a growing family, ranging from a large open plan living and dining area, alfresco, three bedrooms plus a master suite complete with its own ensuite, a Newport design has everything you need. This home is currently under construction and will be projected for completion by November 2024. Edgewater Homes is a division of the Henley Properties Group a leading home builder specialising in new homes, house and land packages, completed homes and knockdownrebuild solutions in Melbourne, Sydney and South East Queensland. Edgewater Homes offers completed homes for sale on hand selected land from some of New South Wales leading land developers. Each block of land is assessed for suitability and paired with homes that best suit that block. Edgewater Homes undertakes the design, planning and approval phases of building a new home prior to the home being advertised for sale. Created for convenience, without compromise, they are designed to save you time and money, and quite simply, get you into your brandnew home sooner. Including in your brand new home 20mm Caesarstone benchtops throughout Grand Island Benchtops to Kitchen Tiled splashback to the Kitchen Stainless steel 900mm appliances Flooring and carpet as displayed Tiles to Bathroom, ensuite, powder room and laundry Downlights to main living areas Front rear landscaping, driveway and fencing Colorbond sectional overhead garage door with remote control 50year structural guarantee 12month maintenance check Please note images shown in this listing are for illustrative purposes only. The colour scheme may vary to exact home being listed. Please speak to your sales agent for full list of inclusions and colour scheme."
-
91.9%
$1.06M
3.7%
-$995,000
-$26,148
2.9%
2.2%
-15.7%
-
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$995,000
Estimated Purchase Price
$995,000
Stamp Duty
$39,510
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$99,500
Reg. Mortgage
$164
LMI Premium
$25,622
Renovation Costs
-
Total Cash/Equity Required
$166,991
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
Rates
+3.0% PA
$1,272
$1,660
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
$21,749
$31,506
Interest Repayments
$59,103
$59,103
Net Cashflow Before Tax
-$37,354
-$27,597
Depreciation
-
-
Tax Offset
-$11,206
-$8,279
Net Cashflow After Tax
-$26,148
-$19,318
Assumptions
Year 1
Year 10
Property Value
6.8%
-
-
Loan Balance
I.O
$895,500
$895,500
-$895,500
-$895,500
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
Construction - 16.0%
Retail Trade - 13.0%
Health Care and Social Assistance - 10.0%
Education and Training - 9.0%
Others - 52.0%
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