$945K
$162,642
"Located in one of Brisbanes fastestgrowing areas, this highly soughtafter property offers a lifestyle of convenience. Positioned on a generous 698sqm plot, this 1975 home is movein ready and appeals to a variety of buyers, including firsttime homeowners, young professionals, investors, and downsizers. Upstairs features polished timber floors, with a lovely open plan showcasing the lounge, dining area, and kitchen, along with three bedrooms and a bathroom. Enhancing the indooroutdoor flow, a spacious entertainers deck is located at the entrance of the property, offering an elevated outlook. Property Features 3 generous bedrooms Master complete with airconditioning Polished timber floors throughout Good natural light Double lock up garage with laundry Multipurposehome office downstairs Covered entertainers deck at the front Fully fenced rear yard Council Rates TBC Rental Return 650 680 per week Rental Information Last rental increase 8724 lease until 07072025 Location 89km to Brisbane CBD 12 minutes to Brisbane Airport 1 minute to Gateway Motorway to travel north or south 12 minutes to Westfield Carindale 6 minutes to popular Oxford Street, Bulimba 23 minutes to Cannon Hill Shopping Centre 4 minute walk to Murarrie Train Station 2 minute walk to local Bus Stops 4 minute walk to local cafe Sonnys Local schools include Murarrie SS, Balmoral State High, Cannon Hill SS, St Oliver Plunkett, CHAC Local shops include Woolworths, Coles, TKMax, Bunnings, Rebel Sport, KMart and more Contact Team Hansom Deanne Hansom 0403 066 191 Ashleigh Hansom 0448 742 538 Approximate"
Below are some similar properties in the area you may be interested in.
1.5%
72.6%
$1.12M
3.1%
$1,015,000
+
312.0%
237.9%
415.4%
6.0%
Asking Price
$8,000
Estimated Purchase Price
$10,000
Stamp Duty
$75
Transfer Fee
$224
Conveyancing
$1,665
Deposit (10%)
$1,000
Reg. Mortgage
$224
LMI Premium
$169
Renovation Costs
-
Total Cash/Equity Required
$3,908
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+7.7% PA
$2,402
$3,419
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
$23,787
$34,450
Interest Repayments
$594
$594
Net Cashflow Before Tax
$23,193
$33,856
Depreciation
-
-
Tax Offset
$6,958
$10,157
Net Cashflow After Tax
$16,235
$23,699
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,094,700
$1,978,957
Loan Balance
I.O
$9,000
$9,000
$1,085,700
$1,969,957
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 - 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
Average Days of Supply