$559K
$87,021
Confidence
High
High
$450,000
Medium
$425,000
Low
$400,000
Confidence
Medium
"This delightful property nestled in a peaceful culdesac, offers the perfect blend of comfort, convenience, and modern living. Whether youre a firsttime homebuyer, downsizer, or savvy investor, this home has something for everyone. Built in 2008, this brick veneer home with a Colorbond roof sits on a generous 740squaremetre block, providing ample space for outdoor living and entertaining. Step inside to discover an inviting openplan living space, where the dining area seamlessly flows out to a spacious back deckperfect for entertaining or simply enjoying the tranquil surroundings. The kitchen, complete with a dishwasher, overlooks the backyard, making meal prep a breeze. The home boasts three wellsized bedrooms, all featuring builtin robes, ensuring plenty of storage. Recent updates include a fresh coat of paint throughout, new flooring, and a fully renovated bathroom, giving the home a fresh, contemporary feel. One of the standout features of this property is its outlook over Faulkners Rivulet, offering a serene view of mature trees and a private, peaceful backyard. Located just a 5minute drive from Claremont Shopping Centre and 10 minutes from Glenorchy, youll have easy access to a range of amenities while being surrounded by other modern builds in this soughtafter area. Dont miss this opportunity to secure a beautiful home in a prime location. Contact Marc or Sam today for more information."
7%
60.7%
$525K
4.5%
-$95,000
-$10,212
4.5%
3.1%
-12.0%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$559,000
Estimated Purchase Price
$520,000
Stamp Duty
$19,098
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$52,000
Reg. Mortgage
$152
LMI Premium
$11,495
Renovation Costs
-
Total Cash/Equity Required
$85,375
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
$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
$16,300
$23,797
Interest Repayments
$30,888
$30,888
Net Cashflow Before Tax
-$14,588
-$7,091
Depreciation
-
-
Tax Offset
-$4,376
-$2,127
Net Cashflow After Tax
-$10,212
-$4,964
Assumptions
Year 1
Year 10
Property Value
6.8%
$453,900
$820,543
Loan Balance
I.O
$468,000
$468,000
-$14,100
$352,543
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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
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