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Withheld
$2,215
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$740,000
Medium
$680,000
Low
$620,000
Confidence
Low
These three properties at 186 Brisbane Road, 188 Brisbane Road, and 2 Dudleigh Street in Booval offer a rare chance for developers and investors. Comprising a 2586sqm corner block with dual street access, the properties provide over 42m frontage on Brisbane Road and 52m on Dudleigh Street. Currently yielding over $1500 per week from tenanted houses, the properties are zoned for commercial and medium density use, enabling potential redevelopment into a mixed-use complex or residential/student accommodation, subject to council approval. Located near Booval Fair Shopping Centre, Harvey Norman, and major transit options, the site is primed for growth with proximity to schools and future Ipswich Hospital expansion projects.
Trusted by over 13k property buyers and counting...
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44.9%
$730K
3.3%
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Try Picki for FREE$10,000
-$16,292
3.5%
Asking Price
-
Estimated Purchase Price
$670,000
Stamp Duty
$23,175
Transfer Fee
$2,289
Conveyancing
$1,665
Deposit (10%)
$67,000
Reg. Mortgage
$224
LMI Premium
$18,919
Renovation Costs
-
Total Cash/Equity Required
$113,822
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
$1,424
$1,858
Water
+3.0% PA
$1,401
$1,828
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$16,523
$24,119
Interest Repayments
$39,798
$39,798
Net Cashflow Before Tax
-$23,275
-$15,679
Depreciation
-
-
Tax Offset
-$6,982
-$4,704
Net Cashflow After Tax
-$16,292
-$10,975
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$726,240
$1,312,869
Loan Balance
I.O
$603,000
$603,000
$123,240
$709,869
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
Health Care and Social Assistance - 14.0%
Manufacturing - 12.0%
Retail Trade - 11.0%
Education and Training - 11.0%
Others - 52.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2024 to 2026
Create a free account to access the tools and information you need to make the best property investment decisions.
Trusted by over 13,000 property buyers and counting...
Try Picki for FREEMonthly % Change in Median House Prices (Prev. Quarter)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
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