Cranbourne South, Vic
Casey (C)
4
3
2
house
First listed on 29/07/2024
Current Asking Price
Target Purchase Price:$1,405,000
Market Appraised Value
High Confidence
Market Appraised Rent
Cash Required
Habib Sultani
None
79.1%
$1.04M
5%
$0
-$42,316
2.1%
1.6%
-15.8%
6.0%
Asking Price
$1,250,000
Estimated Purchase Price
$1,340,000
Stamp Duty
$73,700
Transfer Fee
$3,241
Conveyancing
$1,196
Deposit (10%)
$134,000
Reg. Mortgage
$129
LMI Premium
$41,929
Renovation Costs
$0
Total Cash/Equity Required
$254,745
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$30,160
$42,927
Property Management
+7.7% PA
$2,322
$3,305
Rates
+3.0% PA
$1,567
$2,045
Water
+3.0% PA
$1,015
$1,324
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$23,006
$33,317
Interest Repayments
$79,596
$79,596
Net Cashflow Before Tax
-$56,590
-$46,279
Depreciation
$0
$0
Tax Offset
-$16,977
-$13,884
Net Cashflow After Tax
-$39,613
-$32,395
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,431,120
$2,587,124
Loan Balance
I.O
$1,206,000
$1,206,000
$225,120
$1,381,124
Did you know you need to engage a conveyancer when buying a property?
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2016 Population
Suburbs
Retail Trade - 16.0%
Health Care and Social Assistance - 13.0%
Education and Training - 12.0%
Construction - 10.0%
Others - 49.0%
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
The image depicts the front exterior of a two-story modern home with a balcony and automatic garage door. The property features landscaped gardens with privacy hedges, and the facade is well-maintained with contemporary design elements.
The property appears to be in excellent condition, with modern features and well-maintained landscaping. The building materials look fresh, and the design is contemporary and attractive.
Landscaped gardens, Balcony, Automatic garage doors, External lighting, Privacy hedges