$899K
$134,250
"New house and land in a turnkey package. All you will need to do is to bring your furniture. The location in Griffin Crest is perfect for family living being close to transport, schools and shopping. Carpet to bedrooms and tiles to living areas Blinds, screens and ceiling fans Air conditioning to bed 1 and the living area Driveway, turf and fencing"
Below are some similar properties in the area you may be interested in.
-
89.6%
$803K
4.5%
$115,000
-$13,122
4.5%
3.5%
-9.8%
6.0%
Asking Price
$899,000
Estimated Purchase Price
$785,000
Stamp Duty
$28,350
Transfer Fee
$2,794
Conveyancing
$1,665
Deposit (10%)
$78,500
Reg. Mortgage
$224
LMI Premium
$22,166
Renovation Costs
-
Total Cash/Equity Required
$134,250
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$35,360
$50,328
Property Management
+7.7% PA
$2,723
$3,875
Rates
+3.0% PA
$1,103
$1,439
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
$27,883
$40,250
Interest Repayments
$46,629
$46,629
Net Cashflow Before Tax
-$18,746
-$6,379
Depreciation
-
-
Tax Offset
-$5,624
-$1,914
Net Cashflow After Tax
-$13,122
-$4,465
Assumptions
Year 1
Year 10
Property Value
6.8%
$961,200
$1,737,621
Loan Balance
I.O
$706,500
$706,500
$254,700
$1,031,121
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
Health Care and Social Assistance - 15.0%
Retail Trade - 14.0%
Education and Training - 11.0%
Construction - 10.0%
Others - 50.0%
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