$300K
$50,878
"Presenting a charming Californian bungalow style cottage, offering character and modern comfort. Featuring 3 bedrooms and multiple living spaces ideal for family life. Situated on a spacious 1,019m corner block, the property provides ample outdoor space for kidspets to run around and spans across 2 titles adding potential for future expansion. Combining period features with contemporary living, this home is perfectly positioned to everything Mortlake has to offer. Enquire today"
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81.3%
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$80,000
-$4,036
6.1%
4.0%
-7.9%
6.0%
Asking Price
$300,000
Estimated Purchase Price
$300,000
Stamp Duty
$13,070
Transfer Fee
$808
Conveyancing
$1,196
Deposit (10%)
$30,000
Reg. Mortgage
$129
LMI Premium
$5,126
Renovation Costs
-
Total Cash/Equity Required
$50,878
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
$1,480
$1,931
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
$12,054
$17,718
Interest Repayments
$17,820
$17,820
Net Cashflow Before Tax
-$5,766
-$102
Depreciation
-
-
Tax Offset
-$1,730
-$30
Net Cashflow After Tax
-$4,036
-$71
Assumptions
Year 1
Year 10
Property Value
6.8%
$405,840
$733,662
Loan Balance
I.O
$270,000
$270,000
$135,840
$463,662
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 - 35.0%
Manufacturing - 16.0%
Accommodation and Food Services - 6.0%
Health Care and Social Assistance - 6.0%
Others - 37.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price