$385K
$71,750
"Charming Country Cottage in Prime Location This delightful 3bedroom, 1bathroom country cottage offers a cozy living space perfect for comfortable family living or a peaceful retreat. Features include Warm and inviting living area with wood heater and split system Covered outdoor space for yearround enjoyment Convenient garage for secure parking Dual access main frontage on Smythe Street with additional side access from Livingstone Street Combining rustic charm with practical amenities, this property presents a rare opportunity in a desirable location."
Below are some similar properties in the area you may be interested in.
-
83.9%
$470K
5.5%
$105,000
-$7,650
4.9%
3.2%
-10.8%
6.0%
Asking Price
$385,000
Estimated Purchase Price
$400,000
Stamp Duty
$19,070
Transfer Fee
$1,042
Conveyancing
$1,196
Deposit (10%)
$40,000
Reg. Mortgage
$129
LMI Premium
$8,842
Renovation Costs
-
Total Cash/Equity Required
$70,829
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$19,760
$28,125
Property Management
+7.7% PA
$1,522
$2,166
Rates
+3.0% PA
$2,142
$2,795
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
$12,831
$18,904
Interest Repayments
$23,760
$23,760
Net Cashflow Before Tax
-$10,929
-$4,856
Depreciation
-
-
Tax Offset
-$3,279
-$1,457
Net Cashflow After Tax
-$7,650
-$3,399
Assumptions
Year 1
Year 10
Property Value
6.8%
$539,340
$974,998
Loan Balance
I.O
$360,000
$360,000
$179,340
$614,998
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
Agriculture, Forestry and Fishing - 25.0%
Manufacturing - 9.0%
Health Care and Social Assistance - 9.0%
Accommodation and Food Services - 8.0%
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