Withheld
$55,513
Confidence
High
-
Medium
-
Low
-
Confidence
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Location, 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.
2016 Population
Suburbs
Agriculture, Forestry and Fishing - 29.0%
Education and Training - 10.0%
Health Care and Social Assistance - 10.0%
Retail Trade - 10.0%
Others - 41.0%
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
4%
46.3%
$201K
7.8%
-
-$6,615
5.0%
3.1%
-11.2%
6.0%
Asking Price
$380,000
Estimated Purchase Price
$335,000
Stamp Duty
$13,080
Transfer Fee
$3,107
Conveyancing
$1,226
Deposit (10%)
$33,500
Reg. Mortgage
$187
LMI Premium
$7,477
Renovation Costs
-
Total Cash/Equity Required
$59,127
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$16,640
$23,684
Property Management
+7.7% PA
$1,281
$1,824
Rates
+3.0% PA
$1,389
$1,812
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
$10,449
$15,454
Interest Repayments
$19,899
$19,899
Net Cashflow Before Tax
-$9,450
-$4,445
Depreciation
-
-
Tax Offset
-$2,835
-$1,334
Net Cashflow After Tax
-$6,615
-$3,112
Assumptions
Year 1
Year 10
Property Value
6.8%
$357,780
$646,781
Loan Balance
I.O
$301,500
$301,500
$56,280
$345,281
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