Clagiraba, Qld
Gold Coast (C)
4
2
8
acreage/semi-rural
First listed on 19/06/2024
Current Asking Price
Market Appraised Value
Market Appraised Rent
Cash Required
Ethan McCann
None
77.7%
$1.48M
2.9%
$20,000
-$28,105
3.4%
2.7%
-12.6%
6.0%
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Asking Price
$2,800,000
Estimated Purchase Price
$2,830,000
Stamp Duty
$143,250
Transfer Fee
$11,389
Conveyancing
$1,665
Deposit (10%)
$283,000
Reg. Mortgage
$224
LMI Premium
$87,694
Renovation Costs
$0
Total Cash/Equity Required
$527,772
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$42,328
$60,246
Property Management
+7.7% PA
$3,259
$4,639
Rates
+3.0% PA
$1,318
$1,720
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
$34,100
$49,124
Interest Repayments
$168,102
$168,102
Net Cashflow Before Tax
-$134,002
-$118,978
Depreciation
$0
$0
Tax Offset
-$40,201
-$35,694
Net Cashflow After Tax
-$93,802
-$83,285
Assumptions
Year 1
Year 10
Property Value
6.8%
$3,022,440
$5,463,852
Loan Balance
I.O
$2,547,000
$2,547,000
$475,440
$2,916,852
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2016 Population
Suburbs
Health Care and Social Assistance - 13.0%
Retail Trade - 12.0%
Accommodation and Food Services - 11.0%
Construction - 9.0%
Others - 55.0%
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
This image features a modern and spacious bathroom with a double vanity and marble stone benchtops. The freestanding shower area has contemporary fixtures, large mirrors enhance the space, and additional storage is provided with a sleek shelf below the vanity. Overall, the area is bright, minimalistic, and elegant.
The bathroom is in excellent condition with high-quality materials and modern design elements. The clean lines, stone benchtops, double vanity, and freestanding shower indicate a well-maintained and stylish space.
Double vanity, Freestanding shower, Modern fixtures, Quality taps and fittings, Stone benchtops, Large mirrors, Ample storage space