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Withheld
$2,215
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Try Picki for FREEConfidence
High
High
$820,000
Medium
$770,000
Low
$720,000
Confidence
Medium
This property is a corner allotment in the Booval Secondary Business Area, offering a postwar home needing renovation or a potential redevelopment opportunity. The existing house features three bedrooms, a central family room, a small bathroom, and a functional kitchen leading to a side patio. Additional facilities include front covered entries, rear laundry storage, and a multipurpose room accessible from a secure dual garage. Situated close to the Booval Shopping Centre, schools, and public transport, it is located just 3 km from the Ipswich CBD. Notably, the property is being sold 'as is' with restrictions on inspections due to its poor condition.
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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
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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
Below are some similar properties in the area you may be interested in.
11%
42.9%
$610K
3.8%
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Try Picki for FREE$10,000
-$17,683
3.6%
Asking Price
-
Estimated Purchase Price
$760,000
Stamp Duty
$27,225
Transfer Fee
$2,668
Conveyancing
$1,665
Deposit (10%)
$76,000
Reg. Mortgage
$224
LMI Premium
$21,460
Renovation Costs
-
Total Cash/Equity Required
$129,793
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$27,040
$38,486
Property Management
+7.7% PA
$2,082
$2,963
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
$19,883
$28,901
Interest Repayments
$45,144
$45,144
Net Cashflow Before Tax
-$25,261
-$16,243
Depreciation
-
-
Tax Offset
-$7,578
-$4,873
Net Cashflow After Tax
-$17,683
-$11,370
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$822,360
$1,486,631
Loan Balance
I.O
$684,000
$684,000
$138,360
$802,631
