Withheld
$175,489
Confidence
High
-
Medium
-
Low
-
Confidence
Below are some similar properties in the area you may be interested in.
Location, 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.
2016 Population
Suburbs
Manufacturing - 14.0%
Health Care and Social Assistance - 12.0%
Transport, Postal and Warehousing - 11.0%
Retail Trade - 10.0%
Others - 53.0%
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
-
77.4%
$780K
2.7%
-$453,990,000
-$17,305,121
0.6%
0.5%
-19.4%
-
Asking Price
$433,226,279
Estimated Purchase Price
$454,890,000
Stamp Duty
$29,547,850
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$45,489,000
Reg. Mortgage
$129
LMI Premium
$14,233,691
Renovation Costs
-
Total Cash/Equity Required
$89,276,032
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$2,496,000
$3,552,586
Property Management
+7.7% PA
$192,192
$273,549
Rates
+3.0% PA
$1,679
$2,191
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
$2,298,864
$3,272,586
Interest Repayments
$27,020,466
$27,020,466
Net Cashflow Before Tax
-$24,721,602
-$23,747,880
Depreciation
-
-
Tax Offset
-$7,416,481
-$7,124,364
Net Cashflow After Tax
-$17,305,121
-$16,623,516
Assumptions
Year 1
Year 10
Property Value
6.8%
$961,200
$1,737,621
Loan Balance
I.O
$409,401,000
$409,401,000
-$408,439,800
-$407,663,379
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