Withheld
$105,868
"AUCTION CANCELLED, SOLD PRIOR Raine and Horne Gawler Munno Para are pleased to present this home in Willaston on a large 961m2 allotment. Come and have a look at this 3 bedroom home. There is lots of potential with this house and land size. This house is located in the heart of Willaston with easy access to local cafes and restaurants, as well as many conveniences of Gawler Main Street. It offers easy access to the express way and local transport. The Property features 3 bedroom home Outdoor entertainment Rumpus room off the verandah Verandah overlooking large lawn area Added linen cupboard for extra storage"
-
61.5%
$470K
4.2%
$10,000
-$15,144
3.5%
2.3%
-13.7%
6.0%
Asking Price
-
Estimated Purchase Price
$595,000
Stamp Duty
$26,555
Transfer Fee
$5,603
Conveyancing
$1,226
Deposit (10%)
$59,500
Reg. Mortgage
$187
LMI Premium
$17,130
Renovation Costs
-
Total Cash/Equity Required
$110,751
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$20,800
$29,605
Property Management
+7.7% PA
$1,602
$2,280
Rates
+3.0% PA
$1,968
$2,568
Water
+3.0% PA
$1,271
$1,658
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$13,709
$20,163
Interest Repayments
$35,343
$35,343
Net Cashflow Before Tax
-$21,634
-$15,180
Depreciation
-
-
Tax Offset
-$6,490
-$4,554
Net Cashflow After Tax
-$15,144
-$10,626
Assumptions
Year 1
Year 10
Property Value
6.8%
$646,140
$1,168,067
Loan Balance
I.O
$535,500
$535,500
$110,640
$632,567
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2016 Population
Suburbs
Retail Trade - 19.0%
Health Care and Social Assistance - 19.0%
Education and Training - 12.0%
Accommodation and Food Services - 10.0%
Others - 40.0%
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