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Below are some similar properties in the area you may be interested in.
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-$300,000
-$29,851
2.6%
1.9%
-16.4%
6.0%
Asking Price
$949,000
Estimated Purchase Price
$1,060,000
Stamp Duty
$42,885
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$106,000
Reg. Mortgage
$152
LMI Premium
$30,225
Renovation Costs
-
Total Cash/Equity Required
$181,892
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,080
$39,967
Property Management
+8.8% PA
$2,471
$3,517
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
$20,320
$29,549
Interest Repayments
$62,964
$62,964
Net Cashflow Before Tax
-$42,644
-$33,415
Depreciation
-
-
Tax Offset
-$12,793
-$10,025
Net Cashflow After Tax
-$29,851
-$23,391
Assumptions
Year 1
Year 10
Property Value
6.8%
$811,680
$1,467,324
Loan Balance
I.O
$954,000
$954,000
-$142,320
$513,324
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