Withheld
-
Below are some similar properties in the area you may be interested in.
-
-
-
-
$10,000
-$17,315
3.3%
2.4%
-14.5%
6.0%
Asking Price
-
Estimated Purchase Price
$700,000
Stamp Duty
$24,525
Transfer Fee
$2,415
Conveyancing
$1,665
Deposit (10%)
$70,000
Reg. Mortgage
$224
LMI Premium
$19,766
Renovation Costs
-
Total Cash/Equity Required
$119,146
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
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
$16,844
$24,538
Interest Repayments
$41,580
$41,580
Net Cashflow Before Tax
-$24,736
-$17,042
Depreciation
-
-
Tax Offset
-$7,421
-$5,113
Net Cashflow After Tax
-$17,315
-$11,929
Assumptions
Year 1
Year 10
Property Value
6.8%
$758,280
$1,370,790
Loan Balance
I.O
$630,000
$630,000
$128,280
$740,790
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewLocation, 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
Others - 100.0%
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