$1.5M
$308,094
"Inspections by Appointment Only Come home to 7 Ringwood Court, Highvale, this property is ready to sweep you off your feet and into a world of blissful living. You will delight in the serenity with all this home has to offer. Nestled on a verdant 9,000m2 block 2 approximate acres with a Mountain backdrop, take a step inside to find spacious living areas, lightfilled spaces, freshly painted interiors, newly laid carpets a freestanding fireplace, polished feature timber flooring and new carpet throughout. The heart of the home lies in the wellappointed chefskitchen, boasting a double sink, 900cm FALCON Professional FXP free standing oven, range hood, dishwasher, massive amounts of storage, benchtop space, pantry, wine racks and a breakfast bar perfect for functional family living and the cooking enthusiasts entertainers alike. With a harmonious blend of indoor and outdoor, your own private backyard and peaceful rural surroundings beckon The large open plan family and dining opens out to a covered verandah and alfresco area, a delightful feature comfort for everyday living and entertaining guests. Youll Love Breakfast nook Spacious loungeroom with a treed outlook 4 Bedrooms all with builtin robes Master suite Walkin robe, Ensuite and access to the verandah Family Bathroom Bath Separate Shower Purpose Built Office Expansive outdoor entertainment spaces and verandah Polished Timber Flooring Newly Carpeted throughout Airconditioning and fans throughout Double Car Garage with powered workshop Solar Panels Town and Tank Water Rates 2,932.00 perannum approx. Make yourself at home in this retreatlike location only 35 minutes from Brisbanes CBD, Contact Ven Grasso on 0407 737 665 to arrange your inspection and call 7 Ringwood Court home."
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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 - 15.0%
Retail Trade - 14.0%
Education and Training - 11.0%
Construction - 10.0%
Others - 50.0%
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
-
92.1%
$1.55M
3%
-$65,000
-$46,720
2.5%
2.0%
-15.2%
6.0%
Asking Price
$1,500,000
Estimated Purchase Price
$1,690,000
Stamp Duty
$77,700
Transfer Fee
$6,586
Conveyancing
$1,665
Deposit (10%)
$169,000
Reg. Mortgage
$224
LMI Premium
$52,368
Renovation Costs
-
Total Cash/Equity Required
$308,094
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$41,600
$59,210
Property Management
+7.7% PA
$3,203
$4,559
Rates
+3.0% PA
$1,103
$1,439
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
$33,643
$48,448
Interest Repayments
$100,386
$100,386
Net Cashflow Before Tax
-$66,743
-$51,938
Depreciation
-
-
Tax Offset
-$20,023
-$15,581
Net Cashflow After Tax
-$46,720
-$36,357
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,735,500
$3,137,371
Loan Balance
I.O
$1,521,000
$1,521,000
$214,500
$1,616,371
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