New Gisborne, Vic
Macedon Ranges (S)
4
2
2
house
First listed on 22/05/2024
Current Asking Price
Target Purchase Price:$810,000
Market Appraised Value
High Confidence
Market Appraised Rent
Cash Required
Toni Bloodworth-Barker
2%
71.6%
$850K
3.8%
$0
-$16,156
4.0%
3.1%
-10.7%
6.0%
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2016 Population
Suburbs
Health Care and Social Assistance - 12.0%
Retail Trade - 11.0%
Education and Training - 11.0%
Construction - 9.0%
Others - 57.0%
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
Asking Price
$805,000
Estimated Purchase Price
$845,000
Stamp Duty
$45,770
Transfer Fee
$2,083
Conveyancing
$1,196
Deposit (10%)
$84,500
Reg. Mortgage
$129
LMI Premium
$24,094
Renovation Costs
$0
Total Cash/Equity Required
$158,322
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$38,220
$54,399
Property Management
+7.7% PA
$2,943
$4,189
Rates
+3.0% PA
$1,843
$2,405
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
$30,169
$43,545
Interest Repayments
$50,193
$50,193
Net Cashflow Before Tax
-$20,024
-$6,648
Depreciation
$0
$0
Tax Offset
-$6,007
-$1,994
Net Cashflow After Tax
-$14,017
-$4,653
Assumptions
Year 1
Year 10
Property Value
6.8%
$902,460
$1,631,433
Loan Balance
I.O
$760,500
$760,500
$141,960
$870,933
This image shows the front exterior of a property. It features a landscaped garden with low-maintenance plants and well-kept fencing. There is a streetlight in the foreground and the property has a clean, tidy appearance indicative of regular maintenance.
The front of the property is well-maintained with landscaped gardens and low maintenance plants. The driveway and fencing appear to be in good condition, suggesting a well-cared-for exterior.
Landscaped gardens, Fencing, Low maintenance landscaping