$835K
$125,377
Confidence
High
High
$740,000
Medium
$705,000
Low
$670,000
Confidence
Medium
"This neat and tidy residence sits on a huge 776sqm block, providing ample space in the backyard for the addition of a deck, sheds, a granny flat or a pool. The updated bathroom adds a modern feel through the gorgeous Queenslander style home. The property features polished timber floors light airy living spaces. Featuring four sizable bedrooms, one with a builtin robe, and a simple yet practical kitchen overlooking the backyard which offers storage space for all your appliances. There is parking underneath the home, and side access to a large backyard, opportunities like this dont come often. The location of this property offers its next resident everything. Nestled in a charming neighborhood, youll find yourself just a leisurely stroll away from public transport, local shopping, schools, and a plethora of dining options. For those seeking outdoor adventures, the breath taking waterfront of Sandgate awaits you, a mere 2.5KMs away. Dont miss this opportunity to make this home your own."
-
79%
$860K
3.3%
-$125,000
-$21,221
3.1%
2.3%
-14.9%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$895,000
Estimated Purchase Price
$830,000
Stamp Duty
$30,375
Transfer Fee
$2,963
Conveyancing
$1,665
Deposit (10%)
$83,000
Reg. Mortgage
$224
LMI Premium
$23,437
Renovation Costs
-
Total Cash/Equity Required
$142,214
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$26,000
$37,006
Property Management
+7.7% PA
$2,002
$2,849
Rates
+3.0% PA
$1,360
$1,774
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
$18,987
$27,618
Interest Repayments
$49,302
$49,302
Net Cashflow Before Tax
-$30,315
-$21,684
Depreciation
-
-
Tax Offset
-$9,095
-$6,505
Net Cashflow After Tax
-$21,221
-$15,179
Assumptions
Year 1
Year 10
Property Value
6.8%
$752,940
$1,361,136
Loan Balance
I.O
$747,000
$747,000
$5,940
$614,136
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2021 Population
Suburbs
Health Care and Social Assistance - 13.0%
Professional, Scientific and Technical Services - 10.0%
Education and Training - 9.0%
Retail Trade - 8.0%
Others - 60.0%
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