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Withheld
$2,397
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$660,000
Medium
$620,000
Low
$580,000
Confidence
Not Applicable
Discover a prime real estate opportunity in West Moonah with this DA approved townhouse development site. Spanning over 7,700 sqm, the site is perfectly poised for potential growth, just minutes away from Moonah's vibrant retail and dining precincts. Approved for 12 spacious residential dwellings, this site offers development in three stages, optimizing investment needs. Positioned for enhanced density opportunities under current Tasmanian Planning Scheme guidelines, this is a strategic acquisition in Hobart’s thriving property market.
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71.5%
$609K
4.8%
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Try Picki for FREE$35,000
-$27,853
-
Asking Price
-
Estimated Purchase Price
$585,000
Stamp Duty
$21,860
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$58,500
Reg. Mortgage
$152
LMI Premium
$16,681
Renovation Costs
-
Total Cash/Equity Required
$99,823
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+8.8% PA
-
-
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
-$5,041
-$6,577
Interest Repayments
$34,749
$34,749
Net Cashflow Before Tax
-$39,790
-$41,326
Depreciation
-
-
Tax Offset
-$11,937
-$12,398
Net Cashflow After Tax
-$27,853
-$28,928
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Year 1
Year 10
Property Value
6.8%
$662,160
$1,197,028
Loan Balance
I.O
$526,500
$526,500
$135,660
$670,528
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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.
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
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projected
for 2024 to 2026
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEMonthly % Change in Median House Prices (Prev. Quarter)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
