$1.3M
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High
$0
Medium
$0
Low
$0
Cathy Cheng
None
73.6%
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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.
2016 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
Below are some similar properties in the area you may be interested in.
Asking Price
$1,299,000
Estimated Purchase Price
$1,395,000
Stamp Duty
$60,738
Transfer Fee
$5,364
Conveyancing
$1,665
Deposit (10%)
$139,500
Reg. Mortgage
$224
LMI Premium
$43,227
Renovation Costs
$0
Total Cash/Equity Required
$251,268
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$39,000
$55,509
Property Management
+7.7% PA
$3,003
$4,274
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
$30,986
$44,697
Interest Repayments
$82,863
$82,863
Net Cashflow Before Tax
-$51,877
-$38,166
Depreciation
$0
$0
Tax Offset
-$15,563
-$11,450
Net Cashflow After Tax
-$36,314
-$26,716
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,489,860
$2,693,312
Loan Balance
I.O
$1,255,500
$1,255,500
$234,360
$1,437,812