$865K
$149,733
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
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
3%
53.7%
$948K
2.7%
-$10,000
+
25.7%
23.2%
64.4%
6.0%
Asking Price
$869,000
Estimated Purchase Price
$910,000
Stamp Duty
$49,670
Transfer Fee
$2,235
Conveyancing
$1,196
Deposit (10%)
$91,000
Reg. Mortgage
$129
LMI Premium
$25,948
Renovation Costs
-
Total Cash/Equity Required
$170,727
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$234,000
$333,055
Property Management
+7.7% PA
$18,018
$25,645
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
$211,114
$301,058
Interest Repayments
$54,054
$54,054
Net Cashflow Before Tax
$157,060
$247,004
Depreciation
-
-
Tax Offset
$47,118
$74,101
Net Cashflow After Tax
$109,942
$172,903
Assumptions
Year 1
Year 10
Property Value
6.8%
$961,200
$1,737,621
Loan Balance
I.O
$819,000
$819,000
$142,200
$918,621
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