$1.4M
$292,378
Confidence
High
-
Medium
-
Low
-
Confidence
3%
53.7%
$900K
3%
-$570,000
-$49,411
1.6%
1.1%
-17.7%
6.0%
Asking Price
$1,399,000
Estimated Purchase Price
$1,470,000
Stamp Duty
$80,850
Transfer Fee
$3,546
Conveyancing
$1,196
Deposit (10%)
$147,000
Reg. Mortgage
$129
LMI Premium
$45,997
Renovation Costs
-
Total Cash/Equity Required
$279,267
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
Rates
+3.0% PA
$1,603
$2,092
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
$16,730
$24,389
Interest Repayments
$87,318
$87,318
Net Cashflow Before Tax
-$70,588
-$62,929
Depreciation
-
-
Tax Offset
-$21,176
-$18,879
Net Cashflow After Tax
-$49,411
-$44,050
Assumptions
Year 1
Year 10
Property Value
6.8%
$961,200
$1,737,621
Loan Balance
I.O
$1,323,000
$1,323,000
-$361,800
$414,621
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewBelow are some similar properties in the area you may be interested in.
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
Health Care and Social Assistance - 17.0%
Retail Trade - 14.0%
Education and Training - 11.0%
Accommodation and Food Services - 8.0%
Others - 50.0%
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