$479K
$74,517
"Combing the market for the ideal holiday home Well, you can stop right now just across the road from ninety miles of gorgeous coastline, the three bedroom home should be your first choice for a seasonal getaway that doesnt break the bank Cosy and low maintenance, youll feel right at home straight away and ready to hit the beach. And what could be better than relaxing on your deck after a day at the beach let us know if you think of something With online inspections and videos available by request, this beautiful home wont last long so get down here or call us straight away"
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.
2021 Population
Suburbs
Agriculture, Forestry and Fishing - 14.0%
Health Care and Social Assistance - 12.0%
Retail Trade - 10.0%
Construction - 10.0%
Others - 54.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price
Below are some similar properties in the area you may be interested in.
-
85%
$365K
4.6%
-$130,000
-$9,177
4.3%
2.8%
-12.3%
6.0%
Asking Price
$479,000
Estimated Purchase Price
$420,000
Stamp Duty
$20,270
Transfer Fee
$1,089
Conveyancing
$1,196
Deposit (10%)
$42,000
Reg. Mortgage
$129
LMI Premium
$9,285
Renovation Costs
-
Total Cash/Equity Required
$74,518
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$18,200
$25,904
Property Management
+7.7% PA
$1,401
$1,995
Rates
+3.0% PA
$1,695
$2,212
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
$11,839
$17,438
Interest Repayments
$24,948
$24,948
Net Cashflow Before Tax
-$13,109
-$7,510
Depreciation
-
-
Tax Offset
-$3,933
-$2,253
Net Cashflow After Tax
-$9,177
-$5,257
Assumptions
Year 1
Year 10
Property Value
6.8%
$309,720
$559,900
Loan Balance
I.O
$378,000
$378,000
-$68,280
$181,900
Did you know you need to engage a conveyancer when buying a property?
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