$410K
$64,772
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Try Picki for FREEConfidence
High
High
$440,000
Medium
$410,000
Low
$380,000
Confidence
Medium
Discover a quaint three-bedroom home in Cooyar, ideal for first-time buyers or retirees. This beautifully affordable home comes with charming interiors accented by stunning floorboards. Cooyar offers a friendly community and picturesque surroundings, perfect for those seeking peace away from city life. Enjoy proximity to parks, nature reserves, and essential amenities. Secure your piece of Cooyar and embrace the welcoming community and tranquil lifestyle this property promises.
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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%
Education and Training - 11.0%
Retail Trade - 10.0%
Manufacturing - 7.0%
Others - 56.0%
Average Income
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projected
for 2024 to 2026
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Average Rental Yield
No data available
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
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86.5%
$350K
4.5%
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+
13.6%
Asking Price
$145,000
Estimated Purchase Price
$145,000
Stamp Duty
$3,500
Transfer Fee
$224
Conveyancing
$1,665
Deposit (10%)
$14,500
Reg. Mortgage
$224
LMI Premium
$2,454
Renovation Costs
-
Total Cash/Equity Required
$23,117
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$19,760
$28,125
Property Management
+7.7% PA
$1,522
$2,166
Rates
+3.0% PA
$1,766
$2,304
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
$12,821
$18,891
Interest Repayments
$8,613
$8,613
Net Cashflow Before Tax
$4,208
$10,278
Depreciation
-
-
Tax Offset
$1,263
$3,083
Net Cashflow After Tax
$2,946
$7,195
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Year 1
Year 10
Property Value
6.8%
$437,880
$791,583
Loan Balance
I.O
$130,500
$130,500
$307,380
$661,083