Burbank, Qld
Brisbane (C)
3
3
3
house
First listed on 19/06/2024
Current Asking Price
Target Purchase Price:$1,475,000
Market Appraised Value
High Confidence
Market Appraised Rent
Cash Required
Malcolm Li
2%
68.6%
$2.75M
2%
-$145,000
-$39,017
3.0%
2.5%
-13.2%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewBelow are some similar properties in the area you may be interested in.
Asking Price
$1,900,000
Estimated Purchase Price
$1,805,000
Stamp Duty
$84,313
Transfer Fee
$7,092
Conveyancing
$1,665
Deposit (10%)
$180,500
Reg. Mortgage
$224
LMI Premium
$55,932
Renovation Costs
$0
Total Cash/Equity Required
$330,275
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$49,296
$70,164
Property Management
+7.7% PA
$3,796
$5,403
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
$40,489
$58,223
Interest Repayments
$107,217
$107,217
Net Cashflow Before Tax
-$66,728
-$48,994
Depreciation
$0
$0
Tax Offset
-$20,018
-$14,698
Net Cashflow After Tax
-$46,709
-$34,296
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,756,860
$3,175,985
Loan Balance
I.O
$1,624,500
$1,624,500
$132,360
$1,551,485
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.
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
This image shows an aerial view of a large property surrounded by dense woodland. The land has clear boundaries marked by fencing and natural landscape. The property features a vast area covered with trees and plants, ensuring privacy and a natural environment. The landscape appears to be low maintenance with existing privacy hedges.
The property is in excellent condition with well-maintained natural landscaping and defined property boundaries. The trees and vegetation create a private and serene environment.
Fencing, Privacy hedges, Low maintenance landscaping