$740K
$152,596
"Welcome to 54 Aquarius Drive, Frankston a stunning 4bedroom, 2bathroom family home that is sure to impress. This house boasts a spacious living area with floating floorboards, a separate dining room, and a modern kitchen. The master bedroom features an ensuite and builtin robes, while the other bedrooms are generously sized, also with builtin robes. Situated on a 638sqm land area, the property offers a generous backyard perfect for entertaining or enjoying the sunshine. The secure parking includes a double carport, and the gas heating and air conditioning ensure yearround comfort. Built in 1989, this wellmaintained home offers a perfect blend of indoor and outdoor living, with a beautifully sized yard and French windows that flood the interior with natural light. Dont miss out on the opportunity to make this property your own. Contact us today to arrange a viewing and secure your slice of Frankston paradise. Listed at 740,000 810,000, this property wont last long"
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2.9%
74.5%
$964K
3.2%
-$60,000
-$21,526
3.1%
2.3%
-13.7%
6.0%
Asking Price
$780,000
Estimated Purchase Price
$840,000
Stamp Duty
$45,470
Transfer Fee
$2,071
Conveyancing
$1,196
Deposit (10%)
$84,000
Reg. Mortgage
$129
LMI Premium
$23,952
Renovation Costs
-
Total Cash/Equity Required
$157,367
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$26,000
$37,006
Property Management
+7.7% PA
$2,002
$2,849
Rates
+3.0% PA
$1,589
$2,073
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
$19,144
$27,823
Interest Repayments
$49,896
$49,896
Net Cashflow Before Tax
-$30,752
-$22,073
Depreciation
-
-
Tax Offset
-$9,226
-$6,622
Net Cashflow After Tax
-$21,526
-$15,451
Assumptions
Year 1
Year 10
Property Value
6.8%
$833,040
$1,505,938
Loan Balance
I.O
$756,000
$756,000
$77,040
$749,938
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 - 20.0%
Retail Trade - 13.0%
Construction - 9.0%
Education and Training - 9.0%
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