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$1.2M
$220,436
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,200,000
Medium
$1,080,000
Low
$960,000
Confidence
Medium
Sincere Real Estate offers a sprawling 5.6-hectare estate near Ipswich and Gatton. This sizable property features an eight-bedroom residence, each with an ensuite. The home boasts hardwood floors, spacious verandas, and a combined kitchen, dining, and living area. Enjoy modern conveniences with town water, ceiling fans, air conditioning, and ample storage, including a large 18m x 14m shed. Additional features include multiple rainwater tanks, bore water supply, solar lighting, and seven carports. Located close to educational institutions and shopping, it's an hour from Brisbane CBD. Currently earning $4,500 in rental income monthly, it's ideal for investors or farmers.
Trusted by over 13k property buyers and counting...
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73.5%
-
-
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Try Picki for FREE-$155,000
-$14,919
5.0%
Asking Price
$1,200,000
Estimated Purchase Price
$1,235,000
Stamp Duty
$51,538
Transfer Fee
$4,690
Conveyancing
$1,665
Deposit (10%)
$123,500
Reg. Mortgage
$224
LMI Premium
$38,269
Renovation Costs
-
Total Cash/Equity Required
$220,436
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$62,400
$88,815
Property Management
+7.7% PA
$4,805
$6,839
Rates
+3.0% PA
$1,898
$2,476
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
$52,046
$74,736
Interest Repayments
$73,359
$73,359
Net Cashflow Before Tax
-$21,313
$1,377
Depreciation
-
-
Tax Offset
-$6,394
$413
Net Cashflow After Tax
-$14,919
$964
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,153,440
$2,085,145
Loan Balance
I.O
$1,111,500
$1,111,500
$41,940
$973,645
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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
Agriculture, Forestry and Fishing - 21.0%
Education and Training - 14.0%
Retail Trade - 9.0%
Health Care and Social Assistance - 8.0%
Others - 48.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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projected
for 2024 to 2026
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEMonthly % Change in Median House Prices (Prev. Quarter)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
