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Below are some similar properties in the area you may be interested in.
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-$40,000
-$13,296
4.0%
2.7%
-13.2%
6.0%
Asking Price
$589,000
Estimated Purchase Price
$590,000
Stamp Duty
$22,073
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$59,000
Reg. Mortgage
$152
LMI Premium
$16,823
Renovation Costs
-
Total Cash/Equity Required
$100,678
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+8.8% PA
$2,059
$2,931
Rates
+3.0% PA
$2,089
$2,726
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
$16,052
$23,474
Interest Repayments
$35,046
$35,046
Net Cashflow Before Tax
-$18,994
-$11,572
Depreciation
-
-
Tax Offset
-$5,698
-$3,472
Net Cashflow After Tax
-$13,296
-$8,101
Assumptions
Year 1
Year 10
Property Value
6.8%
$587,400
$1,061,879
Loan Balance
I.O
$531,000
$531,000
$56,400
$530,879
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Others - 100.0%
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