$499K
$80,050
"Located in popular pocket of Kyabram only short 300 metre walk to P12 College. Spacious 23.5 sq 219m2 recently refurbished BV home on 890m2 corner block. Brand new kitchen, huge family room with easy care vinyl floorboards throughout. Formal lounge family living, 3 bedrooms with robes plus ensuite. Zoned ducted refrigerated heatingcooling bonus of 42 energy saving Solar Panels."
Below are some similar properties in the area you may be interested in.
-
75.5%
$550K
5.2%
-$10,000
-$8,550
4.8%
3.3%
-10.4%
6.0%
Asking Price
$499,000
Estimated Purchase Price
$460,000
Stamp Duty
$22,670
Transfer Fee
$1,182
Conveyancing
$1,196
Deposit (10%)
$46,000
Reg. Mortgage
$129
LMI Premium
$10,169
Renovation Costs
-
Total Cash/Equity Required
$81,895
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$21,840
$31,085
Property Management
+7.7% PA
$1,682
$2,394
Rates
+3.0% PA
$1,784
$2,328
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
$15,109
$22,104
Interest Repayments
$27,324
$27,324
Net Cashflow Before Tax
-$12,215
-$5,220
Depreciation
-
-
Tax Offset
-$3,664
-$1,566
Net Cashflow After Tax
-$8,550
-$3,654
Assumptions
Year 1
Year 10
Property Value
6.8%
$480,600
$868,810
Loan Balance
I.O
$414,000
$414,000
$66,600
$454,810
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewLocation, 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.
2021 Population
Suburbs
Health Care and Social Assistance - 15.0%
Manufacturing - 13.0%
Agriculture, Forestry and Fishing - 13.0%
Retail Trade - 12.0%
Others - 47.0%
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