Buderim, Qld
Sunshine Coast (R)
4
3
2
house
First listed on 29/06/2024
Current Asking Price
Target Purchase Price:$1,020,000
Market Appraised Value
High Confidence
Market Appraised Rent
Cash Required
Ambre Perry & Lou Cooper
None
70%
$1.25M
3.8%
$0
-$26,858
2.9%
2.2%
-15.2%
6.0%
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2016 Population
Suburbs
Health Care and Social Assistance - 16.0%
Retail Trade - 12.0%
Education and Training - 10.0%
Accommodation and Food Services - 9.0%
Others - 53.0%
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
Asking Price
$1,020,000
Estimated Purchase Price
$945,000
Stamp Duty
$35,550
Transfer Fee
$3,468
Conveyancing
$1,665
Deposit (10%)
$94,500
Reg. Mortgage
$224
LMI Premium
$26,684
Renovation Costs
$0
Total Cash/Equity Required
$162,642
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$37,024
$52,697
Property Management
+7.7% PA
$2,851
$4,058
Rates
+3.0% PA
$1,487
$1,940
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
$29,035
$41,935
Interest Repayments
$56,133
$56,133
Net Cashflow Before Tax
-$27,098
-$14,198
Depreciation
$0
$0
Tax Offset
-$8,129
-$4,259
Net Cashflow After Tax
-$18,968
-$9,939
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,009,260
$1,824,502
Loan Balance
I.O
$850,500
$850,500
$158,760
$974,002