$539K
$86,506
"Move in enjoy this well presented 3 bedroom brick veneer home with formal family living areas. Renovated ensuite, bathroom kitchen with upgraded appliances. Spacious 1235m2 block with relaxing Alfresco area sundry lock up shedding. Surrounded by quality homes located only a short 400m walk to P12 College."
Below are some similar properties in the area you may be interested in.
-
90.4%
$550K
5.2%
-$90,000
-$11,301
4.1%
2.8%
-12.4%
6.0%
Asking Price
$549,000
Estimated Purchase Price
$510,000
Stamp Duty
$25,670
Transfer Fee
$1,299
Conveyancing
$1,196
Deposit (10%)
$51,000
Reg. Mortgage
$129
LMI Premium
$11,274
Renovation Costs
-
Total Cash/Equity Required
$91,118
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$20,800
$29,605
Property Management
+7.7% PA
$1,602
$2,280
Rates
+3.0% PA
$1,784
$2,328
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
$14,149
$20,738
Interest Repayments
$30,294
$30,294
Net Cashflow Before Tax
-$16,145
-$9,556
Depreciation
-
-
Tax Offset
-$4,843
-$2,867
Net Cashflow After Tax
-$11,301
-$6,690
Assumptions
Year 1
Year 10
Property Value
6.8%
$448,560
$810,890
Loan Balance
I.O
$459,000
$459,000
-$10,440
$351,890
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 - 15.0%
Manufacturing - 13.0%
Agriculture, Forestry and Fishing - 13.0%
Retail Trade - 12.0%
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