$440K
$68,223
Confidence
High
-
Medium
-
Low
-
Confidence
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
Below are some similar properties in the area you may be interested in.
-
57.1%
$285K
8.2%
-$150,000
-$10,198
3.9%
2.3%
-14.2%
6.0%
Asking Price
$440,000
Estimated Purchase Price
$405,000
Stamp Duty
$16,580
Transfer Fee
$3,779
Conveyancing
$1,226
Deposit (10%)
$40,500
Reg. Mortgage
$187
LMI Premium
$9,040
Renovation Costs
-
Total Cash/Equity Required
$71,862
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$15,600
$22,204
Property Management
+7.7% PA
$1,201
$1,710
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
$9,489
$14,088
Interest Repayments
$24,057
$24,057
Net Cashflow Before Tax
-$14,568
-$9,969
Depreciation
-
-
Tax Offset
-$4,370
-$2,991
Net Cashflow After Tax
-$10,198
-$6,979
Assumptions
Year 1
Year 10
Property Value
6.8%
$272,340
$492,326
Loan Balance
I.O
$364,500
$364,500
-$92,160
$127,826
Did you know you need to engage a conveyancer when buying a property?
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