$330K
$49,414
Confidence
High
High
$350,000
Medium
$330,000
Low
$310,000
Confidence
Medium
"Privately set back in a quiet culdesac, this 1,193 sqm flat block allows space to build your dream family home or investment properties, while being centrally positioned to local amenities. Great family location close local schools parks Building potential for single or multiple dwellings Conventionally in close proximity to public transport 3 minute drive to MONA 5 minutes to Claremont Plaza 20 minute drive from Hobart CBD Land Size Approx. 1,193 sqm Council Rates Approx. 720 pa Zoning Vacant Residential"
12.6%
53.6%
$386K
6.2%
$20,000
-$6,459
5.0%
3.0%
-13.1%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$330,000
Estimated Purchase Price
$310,000
Stamp Duty
$10,335
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$31,000
Reg. Mortgage
$152
LMI Premium
$5,297
Renovation Costs
-
Total Cash/Equity Required
$49,414
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$15,600
$22,204
Property Management
+8.8% PA
$1,373
$1,954
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
$9,186
$13,672
Interest Repayments
$18,414
$18,414
Net Cashflow Before Tax
-$9,228
-$4,742
Depreciation
-
-
Tax Offset
-$2,768
-$1,422
Net Cashflow After Tax
-$6,459
-$3,319
Assumptions
Year 1
Year 10
Property Value
6.8%
$352,440
$637,128
Loan Balance
I.O
$279,000
$279,000
$73,440
$358,128
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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