Ingle Farm, SA
Salisbury (C)
3
1
1
house
First listed on 01/07/2024
Current Asking Price
Target Purchase Price:$635,000
Market Appraised Value
High Confidence
Market Appraised Rent
Cash Required
Naomi Will
2%
73.8%
$604K
5.1%
$0
-$19,424
2.6%
1.6%
-16.4%
6.0%
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.
2016 Population
Suburbs
Manufacturing - 15.0%
Public Administration and Safety - 13.0%
Retail Trade - 10.0%
Education and Training - 9.0%
Others - 53.0%
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
Asking Price
$600,000
Estimated Purchase Price
$635,000
Stamp Duty
$28,755
Transfer Fee
$5,987
Conveyancing
$1,226
Deposit (10%)
$63,500
Reg. Mortgage
$187
LMI Premium
$18,282
Renovation Costs
$0
Total Cash/Equity Required
$118,487
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$16,380
$23,314
Property Management
+7.7% PA
$1,261
$1,795
Rates
+3.0% PA
$1,628
$2,124
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
$9,970
$14,800
Interest Repayments
$37,719
$37,719
Net Cashflow Before Tax
-$27,749
-$22,919
Depreciation
$0
$0
Tax Offset
-$8,325
-$6,876
Net Cashflow After Tax
-$19,424
-$16,043
Assumptions
Year 1
Year 10
Property Value
6.8%
$678,180
$1,225,988
Loan Balance
I.O
$571,500
$571,500
$106,680
$654,488
Below are some similar properties in the area you may be interested in.
The image depicts an outside front view of a property. There is a landscaped garden alongside a road that has visible cracks and wear. The area also features external lighting and appears to be clean and well-kept.
The exterior area appears well-maintained with landscaped gardens and external lighting. The surrounding environment looks clean and orderly.
Landscaped gardens, External lighting
Resurface road
Resurfacing the road would improve the visual appeal and functionality of the area, which could potentially increase the property's value and attract more interest from buyers and tenants.