$250K
$42,795
Confidence
High
-
Medium
-
Low
-
Confidence
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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.
2016 Population
Suburbs
Agriculture, Forestry and Fishing - 14.0%
Health Care and Social Assistance - 12.0%
Retail Trade - 10.0%
Construction - 10.0%
Others - 54.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Days of Supply
Sold Price
Asking Price
-
58.6%
$478K
5.2%
-$185,000
+
12.1%
9.7%
14.9%
6.0%
Asking Price
$320,000
Estimated Purchase Price
$345,000
Stamp Duty
$15,770
Transfer Fee
$913
Conveyancing
$1,196
Deposit (10%)
$34,500
Reg. Mortgage
$129
LMI Premium
$7,627
Renovation Costs
-
Total Cash/Equity Required
$60,684
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$41,600
$59,210
Property Management
+7.7% PA
$3,203
$4,559
Rates
+3.0% PA
$1,695
$2,212
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
$33,437
$48,179
Interest Repayments
$20,493
$20,493
Net Cashflow Before Tax
$12,944
$27,686
Depreciation
-
-
Tax Offset
$3,883
$8,306
Net Cashflow After Tax
$9,061
$19,380
Assumptions
Year 1
Year 10
Property Value
6.8%
$170,880
$308,910
Loan Balance
I.O
$310,500
$310,500
-$139,620
-$1,590
Did you know you need to engage a conveyancer when buying a property?
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