$149K
$23,876
"Ready for you to build on This 3162sqm allotment has town water connected and has been levelled and selectively cleared . The property is just minutes to Cardwell and access to the reef and offshore islands. Ready to go Make an offer today"
Below are some similar properties in the area you may be interested in.
6.7%
75.4%
$210K
9.2%
-
+
12.1%
7.1%
5.3%
6.0%
Asking Price
$149,000
Estimated Purchase Price
$150,000
Stamp Duty
$3,675
Transfer Fee
$224
Conveyancing
$1,665
Deposit (10%)
$15,000
Reg. Mortgage
$224
LMI Premium
$2,538
Renovation Costs
-
Total Cash/Equity Required
$23,877
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$18,200
$25,904
Property Management
+7.7% PA
$1,401
$1,995
Rates
+3.0% PA
$2,445
$3,190
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
$10,703
$15,956
Interest Repayments
$8,910
$8,910
Net Cashflow Before Tax
$1,793
$7,046
Depreciation
-
-
Tax Offset
$538
$2,114
Net Cashflow After Tax
$1,255
$4,932
Assumptions
Year 1
Year 10
Property Value
6.8%
$160,200
$289,603
Loan Balance
I.O
$135,000
$135,000
$25,200
$154,603
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewLocation, 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 - 22.0%
Health Care and Social Assistance - 10.0%
Retail Trade - 9.0%
Manufacturing - 8.0%
Others - 51.0%
Average Income
Average Population
projected
for 2024 to 2026
Average Days of Supply