Withheld
-
Below are some similar properties in the area you may be interested in.
-
-
-
-
$15,000
-$6,969
5.1%
3.3%
-10.4%
6.0%
Asking Price
$395,000
Estimated Purchase Price
$380,000
Stamp Duty
$17,870
Transfer Fee
$995
Conveyancing
$1,196
Deposit (10%)
$38,000
Reg. Mortgage
$129
LMI Premium
$8,400
Renovation Costs
-
Total Cash/Equity Required
$67,140
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$19,240
$27,385
Property Management
+7.7% PA
$1,481
$2,109
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
$12,617
$18,567
Interest Repayments
$22,572
$22,572
Net Cashflow Before Tax
-$9,955
-$4,005
Depreciation
-
-
Tax Offset
-$2,987
-$1,202
Net Cashflow After Tax
-$6,969
-$2,804
Assumptions
Year 1
Year 10
Property Value
6.8%
$421,860
$762,623
Loan Balance
I.O
$342,000
$342,000
$79,860
$420,623
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
Others - 100.0%
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