Mount Peter, Qld
Cairns (R)
4
2
2
house
First listed on 19/06/2024
Current Asking Price
Market Appraised Value
Market Appraised Rent
Cash Required
Pauline Humphries
None
62.1%
$549K
6.2%
$0
-$9,628
5.0%
3.8%
-8.7%
6.0%
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Asking Price
$749,000
Estimated Purchase Price
$655,000
Stamp Duty
$22,500
Transfer Fee
$2,247
Conveyancing
$1,665
Deposit (10%)
$65,500
Reg. Mortgage
$224
LMI Premium
$18,496
Renovation Costs
$0
Total Cash/Equity Required
$111,181
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$32,812
$46,702
Property Management
+7.7% PA
$2,527
$3,596
Rates
+3.0% PA
$1,482
$1,934
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
$25,152
$36,408
Interest Repayments
$38,907
$38,907
Net Cashflow Before Tax
-$13,755
-$2,499
Depreciation
$0
$0
Tax Offset
-$4,126
-$750
Net Cashflow After Tax
-$9,628
-$1,749
Assumptions
Year 1
Year 10
Property Value
6.8%
$699,540
$1,264,602
Loan Balance
I.O
$589,500
$589,500
$110,040
$675,102
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2016 Population
Suburbs
Health Care and Social Assistance - 15.0%
Accommodation and Food Services - 11.0%
Retail Trade - 11.0%
Education and Training - 9.0%
Others - 54.0%
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
The image showcases an aerial view of a rural property located in a hilly area. The property includes a single-story building with a flat roof, possibly equipped with solar panels. The surroundings are lush with greenery, including landscaped gardens and a pond. The property is situated in a large, open area with well-maintained lawns and a few access paths.
The condition of the property and its surroundings appears to be very good. The property is well-maintained with landscaped gardens and solar panels installed. The lawn is well-kept, indicating regular maintenance.
Landscaped gardens, Solar panels, Low maintenance landscaping