$540K
$88,667
"Located on a quiet street, this spacious fourbedroom family home offers the perfect blend of comfort and convenience. The openplan living and dining area creates a warm and inviting space for everyday living, while the wellequipped kitchen adds to the homes practicality. Downstairs, a double garage provides ample room for a workshop or extra storage, complete with a second toilet and handbasin for added convenience. Perfect for entertainers, the deck offers stunning river viewsideal for relaxing or hosting guests. Whether youre looking for a family home or an attractive rental opportunity, this property ticks all the boxes. Dont miss outcontact Rebekah today"
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76.2%
-
-
$5,000
-$7,535
5.3%
4.0%
-8.5%
6.0%
Asking Price
$540,000
Estimated Purchase Price
$540,000
Stamp Duty
$19,948
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$54,000
Reg. Mortgage
$152
LMI Premium
$11,937
Renovation Costs
-
Total Cash/Equity Required
$88,667
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+8.8% PA
$2,517
$3,582
Rates
+3.0% PA
$1,572
$2,051
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
$21,311
$30,898
Interest Repayments
$32,076
$32,076
Net Cashflow Before Tax
-$10,765
-$1,178
Depreciation
-
-
Tax Offset
-$3,229
-$353
Net Cashflow After Tax
-$7,535
-$824
Assumptions
Year 1
Year 10
Property Value
6.8%
$582,060
$1,052,226
Loan Balance
I.O
$486,000
$486,000
$96,060
$566,226
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.
2021 Population
Suburbs
Education and Training - 14.0%
Retail Trade - 12.0%
Health Care and Social Assistance - 12.0%
Construction - 9.0%
Others - 53.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price