$599K
$115,214
Confidence
High
High
$630,000
Medium
$600,000
Low
$570,000
Confidence
Medium
"Ideally located on the main road in Austins Ferry, this house land package by Cunic Homes is perfect for families, first home buyers, and investors. This level land comes with a separate title, which will be issued soon. Enjoy the convenience of a bus stop right at the front and Claremont Village just a 3minute drive away. A perfect MyHome opportunity."
-
73.4%
$564K
4.3%
-$45,000
-$14,745
3.8%
2.7%
-13.4%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$599,000
Estimated Purchase Price
$645,000
Stamp Duty
$24,410
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$64,500
Reg. Mortgage
$152
LMI Premium
$18,391
Renovation Costs
-
Total Cash/Equity Required
$110,084
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$24,440
$34,786
Property Management
+8.8% PA
$2,151
$3,061
Rates
+3.0% PA
$1,841
$2,402
Water
+3.0% PA
$950
$1,240
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$17,248
$25,147
Interest Repayments
$38,313
$38,313
Net Cashflow Before Tax
-$21,065
-$13,166
Depreciation
-
-
Tax Offset
-$6,319
-$3,950
Net Cashflow After Tax
-$14,745
-$9,216
Assumptions
Year 1
Year 10
Property Value
6.8%
$640,800
$1,158,414
Loan Balance
I.O
$580,500
$580,500
$60,300
$577,914
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2021 Population
Suburbs
Manufacturing - 14.0%
Retail Trade - 13.0%
Health Care and Social Assistance - 12.0%
Construction - 9.0%
Others - 52.0%
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