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$450K
$80,000
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High
High
$450,000
Medium
$432,000
Low
$420,000
Confidence
Medium
Discover the allure of a brand new 2-bedroom home in the Northern Community Residential Village, designed for comfort and ease. The property boasts a spacious master suite with a walk-in robe, a second bedroom, and a versatile two-way bathroom. Euro appliances and soft-close joinery enhance the functional kitchen, which adjoins a dining area and opens to the rear deck for seamless indoor-outdoor living. Carpeted bedrooms and split air conditioning in the living area add to your comfort. Enjoy step-free access via a ramp from the carport right to your door. This low-maintenance home is part of an over 50s community in Penfield, offering secure, affordable living.
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84.4%
$240K
11.9%
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-$8,928
4.6%
Asking Price
$432,000
Estimated Purchase Price
$430,000
Stamp Duty
$17,830
Transfer Fee
$3,971
Conveyancing
$1,226
Deposit (10%)
$43,000
Reg. Mortgage
$187
LMI Premium
$9,598
Renovation Costs
-
Total Cash/Equity Required
$76,362
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$19,760
$28,125
Property Management
+7.7% PA
$1,522
$2,166
Rates
+3.0% PA
$1,930
$2,518
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
$12,787
$18,847
Interest Repayments
$25,542
$25,542
Net Cashflow Before Tax
-$12,755
-$6,695
Depreciation
-
-
Tax Offset
-$3,826
-$2,009
Net Cashflow After Tax
-$8,928
-$4,687
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Year 1
Year 10
Property Value
6.8%
$459,240
$830,197
Loan Balance
I.O
$387,000
$387,000
$72,240
$443,197
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2021 Population
Suburbs
Health Care and Social Assistance - 22.0%
Retail Trade - 14.0%
Manufacturing - 11.0%
Education and Training - 11.0%
Others - 42.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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projected
for 2024 to 2026
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Trusted by over 13,000 property buyers and counting...
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Average Rental Yield
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
