Withheld
$219,451
Confidence
High
High
$1,400,000
Medium
$1,280,000
Low
$1,150,000
Confidence
Moderate
"Nestled in one of Buderims most prestigious streets, this property sits on a private, level 1148sqm block. Featuring a rare opportunity in blue chip location for an astute investor to create a stunning residence of their dreams. Prestigious street address on Buderims northern escarpment Level 1148sqm private block, surrounded by premium residences Exclusive quiet position and prime building parcel Established services to the block Moments to elite schools and beautiful beaches Desirable convenient address, stroll to Wirreanda shops Scope to update with potential coastal views STCA Incredible investment opportunity to build your dream home"
-
72.9%
$1.59M
4.8%
$50,000
-$32,902
2.8%
2.1%
-15.0%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$1,230,000
Stamp Duty
$51,250
Transfer Fee
$4,648
Conveyancing
$1,665
Deposit (10%)
$123,000
Reg. Mortgage
$224
LMI Premium
$38,114
Renovation Costs
-
Total Cash/Equity Required
$219,451
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,800
$48,108
Property Management
+7.7% PA
$2,603
$3,704
Rates
+3.0% PA
$1,487
$1,940
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
$26,059
$37,700
Interest Repayments
$73,062
$73,062
Net Cashflow Before Tax
-$47,003
-$35,362
Depreciation
-
-
Tax Offset
-$14,101
-$10,609
Net Cashflow After Tax
-$32,902
-$24,754
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,367,040
$2,471,283
Loan Balance
I.O
$1,107,000
$1,107,000
$260,040
$1,364,283
Below are some similar properties in the area you may be interested in.
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 - 16.0%
Retail Trade - 12.0%
Education and Training - 10.0%
Accommodation and Food Services - 9.0%
Others - 53.0%
Average Income
Average Population
projected
for 2024 to 2026
Average Days of Supply