$140K
-
Confidence
High
-
Medium
-
Low
-
Confidence
-
62.7%
-
-
-
+
11.4%
7.5%
6.6%
6.0%
Asking Price
$140,000
Estimated Purchase Price
$160,000
Stamp Duty
$4,670
Transfer Fee
$480
Conveyancing
$1,196
Deposit (10%)
$16,000
Reg. Mortgage
$129
LMI Premium
$2,734
Renovation Costs
-
Total Cash/Equity Required
$25,758
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
$1,608
$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
$11,926
$17,551
Interest Repayments
$9,504
$9,504
Net Cashflow Before Tax
$2,422
$8,047
Depreciation
-
-
Tax Offset
$726
$2,414
Net Cashflow After Tax
$1,695
$5,633
Assumptions
Year 1
Year 10
Property Value
6.8%
$170,880
$308,910
Loan Balance
I.O
$144,000
$144,000
$26,880
$164,910
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewBelow 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
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