$650K
$105,837
"This lovely home could suit holiday or permanent living, and makes a fantastic holiday rental property Boasting 3 large bedrooms with BIRs, 2 bathrooms including ensuite to master, as well as two living areas, each with its own split system, and one with a crackling wood fire. This home is sure to suit the biggest of families. There is a great sized deck at the rear, a concrete driveway, and all this within easy walking distance to the shops and beach number 1. Call or email us today for more information."
Below are some similar properties in the area you may be interested in.
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18%
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-$60,000
-$13,525
3.9%
2.7%
-12.1%
6.0%
Asking Price
$650,000
Estimated Purchase Price
$600,000
Stamp Duty
$31,070
Transfer Fee
$1,510
Conveyancing
$1,196
Deposit (10%)
$60,000
Reg. Mortgage
$129
LMI Premium
$17,108
Renovation Costs
-
Total Cash/Equity Required
$111,562
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
Rates
+3.0% PA
$2,014
$2,628
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
$16,319
$23,853
Interest Repayments
$35,640
$35,640
Net Cashflow Before Tax
-$19,321
-$11,787
Depreciation
-
-
Tax Offset
-$5,796
-$3,536
Net Cashflow After Tax
-$13,525
-$8,251
Assumptions
Year 1
Year 10
Property Value
6.8%
$576,720
$1,042,573
Loan Balance
I.O
$540,000
$540,000
$36,720
$502,573
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 - 20.0%
Health Care and Social Assistance - 11.0%
Retail Trade - 9.0%
Manufacturing - 8.0%
Others - 52.0%
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