$230K
$42,804
"Step inside this spacious 3 bedroom clad home, providing 2 main bedrooms with BIRs and one smaller bedroom. Large entrance hallway opening into a generous living area with combustion heating and a Daikin split system air conditioner. This home delivers a large country style kitchen for cooking with electric appliances over looking a sizeable sunroom. Bathroom containing a bath and separate shower and toilet. Aluminum windows all round and ample of rainwater with WGW tanks and WGW hot water system. Outside features a single garage, pergola, workshopshed with rear lane access. Great street appeal set in low maintenance garden. An ideal investment property or family home"
Below are some similar properties in the area you may be interested in.
-
79.6%
$138K
12.3%
-$120,000
-$5,779
5.0%
2.8%
-13.2%
6.0%
Asking Price
$238,000
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
$13,000
$18,503
Property Management
+7.7% PA
$1,001
$1,425
Rates
+3.0% PA
$1,545
$2,016
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
$7,189
$10,802
Interest Repayments
$15,444
$15,444
Net Cashflow Before Tax
-$8,255
-$4,642
Depreciation
-
-
Tax Offset
-$2,477
-$1,392
Net Cashflow After Tax
-$5,779
-$3,249
Assumptions
Year 1
Year 10
Property Value
6.8%
$149,520
$270,297
Loan Balance
I.O
$234,000
$234,000
-$84,480
$36,297
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 - 49.0%
Health Care and Social Assistance - 11.0%
Education and Training - 7.0%
Public Administration and Safety - 6.0%
Others - 27.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price