$329K
-
Confidence
High
-
Medium
-
Low
-
Confidence
-
62.7%
-
-
-
-$9,388
3.9%
2.3%
-14.4%
6.0%
Asking Price
$329,000
Estimated Purchase Price
$370,000
Stamp Duty
$17,270
Transfer Fee
$972
Conveyancing
$1,196
Deposit (10%)
$37,000
Reg. Mortgage
$129
LMI Premium
$8,179
Renovation Costs
-
Total Cash/Equity Required
$65,295
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$14,560
$20,723
Property Management
+7.7% PA
$1,121
$1,596
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
$8,566
$12,770
Interest Repayments
$21,978
$21,978
Net Cashflow Before Tax
-$13,412
-$9,208
Depreciation
-
-
Tax Offset
-$4,024
-$2,763
Net Cashflow After Tax
-$9,388
-$6,446
Assumptions
Year 1
Year 10
Property Value
6.8%
$395,160
$714,355
Loan Balance
I.O
$333,000
$333,000
$62,160
$381,355
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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