$900K
$135,116
"An exciting new 6,070 m2 block has become available encouraging low impact industry and Commercial uses. Well Located in West Ipswich. Almost flat block and selectively cleared trees. This 6,070 m2 approx. vacant land is offered for sale providing valuable opportunities on many levels. This is an excellent acreage investment opportunity with plenty of future potential. Approximately less than 2kms from the centre of Ipswich CBD. Short Drive to Ipswich City and River link Shopping Centre Dont miss this fantastic opportunity Please contact your agent for more information."
Below are some similar properties in the area you may be interested in.
3.3%
40.2%
$510K
4.3%
-$290,000
-$21,282
3.0%
2.1%
-15.8%
6.0%
Asking Price
$900,000
Estimated Purchase Price
$790,000
Stamp Duty
$28,575
Transfer Fee
$2,794
Conveyancing
$1,665
Deposit (10%)
$79,000
Reg. Mortgage
$224
LMI Premium
$22,308
Renovation Costs
-
Total Cash/Equity Required
$135,116
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
$1,424
$1,858
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
$16,523
$24,119
Interest Repayments
$46,926
$46,926
Net Cashflow Before Tax
-$30,403
-$22,807
Depreciation
-
-
Tax Offset
-$9,121
-$6,842
Net Cashflow After Tax
-$21,282
-$15,965
Assumptions
Year 1
Year 10
Property Value
6.8%
$534,000
$965,345
Loan Balance
I.O
$711,000
$711,000
-$177,000
$254,345
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
Health Care and Social Assistance - 14.0%
Manufacturing - 12.0%
Retail Trade - 11.0%
Education and Training - 11.0%
Others - 52.0%
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