$275K
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"Fantastic opportunity on offer to build your dream home on just over 5 acres within a 10 minutes drive to the Maryborough township. The hard work has been completed with the following Bushfire Attack Level 12.5 Feature and level survey Site classification report Full set of plans from Highmark Homes Section 32 upon request Contact Coby on 0455 337 568 to discuss further."
Below are some similar properties in the area you may be interested in.
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71.3%
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$210,000
-$2,331
7.0%
4.7%
-5.3%
6.0%
Asking Price
$275,000
Estimated Purchase Price
$260,000
Stamp Duty
$10,670
Transfer Fee
$714
Conveyancing
$1,196
Deposit (10%)
$26,000
Reg. Mortgage
$129
LMI Premium
$4,443
Renovation Costs
-
Total Cash/Equity Required
$43,701
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
$1,419
$1,851
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
$12,115
$17,798
Interest Repayments
$15,444
$15,444
Net Cashflow Before Tax
-$3,329
$2,354
Depreciation
-
-
Tax Offset
-$999
$706
Net Cashflow After Tax
-$2,331
$1,648
Assumptions
Year 1
Year 10
Property Value
6.8%
$501,960
$907,424
Loan Balance
I.O
$234,000
$234,000
$267,960
$673,424
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 - 17.0%
Retail Trade - 14.0%
Manufacturing - 13.0%
Education and Training - 9.0%
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