$659K
$110,608
"Situated in a soughtafter location, this 3 bedroom, 2 bathroom home is perfect for the growing family. Set on 775m2, this locally built home offers 3 spacious bedrooms including a master with Ensuite and walk in robe, 2 living areas including an open plan kitchenliving area. The home is comforted with a new ducted heating throughout plus split system heatingcooling in the living and master bedroom. Outside is a large undercover area with exposed aggregated concrete which opens up to a neat low maintenance yard. The home includes double garage parking and a 2kw solar unit. Dont miss the opportunity to make this home yours. The home is currently tenanted vacant possession is available"
Below are some similar properties in the area you may be interested in.
2.4%
80.9%
$595K
4.7%
-$185,000
-$16,131
3.2%
2.2%
-14.2%
6.0%
Asking Price
$659,000
Estimated Purchase Price
$610,000
Stamp Duty
$31,670
Transfer Fee
$1,533
Conveyancing
$1,196
Deposit (10%)
$61,000
Reg. Mortgage
$129
LMI Premium
$17,393
Renovation Costs
-
Total Cash/Equity Required
$113,471
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$19,760
$28,125
Property Management
+7.7% PA
$1,522
$2,166
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
$13,189
$19,371
Interest Repayments
$36,234
$36,234
Net Cashflow Before Tax
-$23,045
-$16,863
Depreciation
-
-
Tax Offset
-$6,913
-$5,059
Net Cashflow After Tax
-$16,131
-$11,804
Assumptions
Year 1
Year 10
Property Value
6.8%
$453,900
$820,543
Loan Balance
I.O
$549,000
$549,000
-$95,100
$271,543
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