$495K
-
Confidence
High
High
$225,000
Medium
$199,000
Low
$170,000
Confidence
Medium
-
62.7%
-
-
-
-$21,415
2.0%
1.1%
-18.1%
6.0%
Asking Price
$565,000
Estimated Purchase Price
$635,000
Stamp Duty
$33,170
Transfer Fee
$1,592
Conveyancing
$1,196
Deposit (10%)
$63,500
Reg. Mortgage
$129
LMI Premium
$18,106
Renovation Costs
-
Total Cash/Equity Required
$118,242
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$13,000
$18,503
Property Management
+7.7% PA
$1,001
$1,425
Rates
+3.0% PA
$1,608
$2,098
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
$7,126
$10,720
Interest Repayments
$37,719
$37,719
Net Cashflow Before Tax
-$30,593
-$26,999
Depreciation
-
-
Tax Offset
-$9,178
-$8,100
Net Cashflow After Tax
-$21,415
-$18,899
Assumptions
Year 1
Year 10
Property Value
6.8%
$678,180
$1,225,988
Loan Balance
I.O
$571,500
$571,500
$106,680
$654,488
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2016 Population
Suburbs
Health Care and Social Assistance - 17.0%
Agriculture, Forestry and Fishing - 13.0%
Manufacturing - 12.0%
Retail Trade - 10.0%
Others - 48.0%
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