$999K
$179,979
Confidence
High
High
$1,050,000
Medium
$970,000
Low
$900,000
Confidence
Medium
"The long, low style lines of this attractive, modern brick home offer a promise of quality and style your expectations will be exceeded. Built by Gordon Bourke, the floor plan comprises a formal living and dining room, spacious family room and meals area adjacent to a generously proportioned, quality kitchen, four double sized bedrooms, an office plus an office nook and a fabulous main bedroom with two walk in robes and stunning ensuite. The home also features rainwater storage, solar power, air conditioning and higher ceilings. There are two outdoor living areas with drive through access to the backyard via the double garage. The home is set on a larger, level, landscaped allotment with a prominent position in this prestigious residential precinct."
-
88.2%
$920K
4.2%
-$60,000
-$23,101
3.5%
2.7%
-13.0%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$999,000
Estimated Purchase Price
$1,030,000
Stamp Duty
$39,750
Transfer Fee
$3,805
Conveyancing
$1,665
Deposit (10%)
$103,000
Reg. Mortgage
$224
LMI Premium
$29,085
Renovation Costs
-
Total Cash/Equity Required
$178,079
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$36,400
$51,809
Property Management
+7.7% PA
$2,803
$3,989
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
$28,180
$40,751
Interest Repayments
$61,182
$61,182
Net Cashflow Before Tax
-$33,002
-$20,431
Depreciation
-
-
Tax Offset
-$9,901
-$6,129
Net Cashflow After Tax
-$23,101
-$14,301
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,035,960
$1,872,769
Loan Balance
I.O
$927,000
$927,000
$108,960
$945,769
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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
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