$420K
$84,662
"Perfectly positioned close to schools, shops, and transport, this comfortable family home is ideal for young families, investors, or firsttime buyers. Upon entering, youre welcomed into a spacious openplan kitchen, dining, and living area, the centerpiece of this charming home. The kitchen is simply stunning, equipped with an electric stove, oven, dishwasher, and ample storage. The home features three large bedrooms, all with builtin robes. Nearby is the main bathroom, complete with a shower, bath, vanity, and separate toilet. Outside, youll find a large 4.4 x 5.4 shed and a fully landscaped area, perfect for entertaining family and friends and providing plenty of space for the kids. Additional features of this property include gas heating, a reverse cycle split system, a ceiling fan in the living room, a double lockup garage with side access, and water tanks. Situated just a stones throw from major shopping, including Woolworths, McDonalds, KFC, Aldi, and more, and approximately an 8minute drive to the new Delacombe Town Centre DTC. This property is a true gem and priced to sell, so dont waitcall now to book your private viewing today."
Below are some similar properties in the area you may be interested in.
5.9%
51.4%
-
-
-$75,000
-$10,551
4.0%
2.6%
-13.2%
6.0%
Asking Price
$420,000
Estimated Purchase Price
$450,000
Stamp Duty
$22,070
Transfer Fee
$1,159
Conveyancing
$1,196
Deposit (10%)
$45,000
Reg. Mortgage
$129
LMI Premium
$9,948
Renovation Costs
-
Total Cash/Equity Required
$80,051
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$18,200
$25,904
Property Management
+7.7% PA
$1,401
$1,995
Rates
+3.0% PA
$1,877
$2,449
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
$11,657
$17,201
Interest Repayments
$26,730
$26,730
Net Cashflow Before Tax
-$15,073
-$9,529
Depreciation
-
-
Tax Offset
-$4,522
-$2,859
Net Cashflow After Tax
-$10,551
-$6,671
Assumptions
Year 1
Year 10
Property Value
6.8%
$400,500
$724,009
Loan Balance
I.O
$405,000
$405,000
-$4,500
$319,009
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 - 19.0%
Retail Trade - 12.0%
Education and Training - 11.0%
Manufacturing - 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