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Below 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.
2021 Population
Suburbs
Others - 100.0%
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
-
-
-
-
$20,000
-$9,128
4.5%
3.0%
-11.7%
6.0%
Asking Price
$440,000
Estimated Purchase Price
$440,000
Stamp Duty
$21,470
Transfer Fee
$1,135
Conveyancing
$1,196
Deposit (10%)
$44,000
Reg. Mortgage
$129
LMI Premium
$9,727
Renovation Costs
-
Total Cash/Equity Required
$78,206
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$19,760
$28,125
Property Management
+7.7% PA
$1,522
$2,166
Rates
+3.0% PA
$1,877
$2,449
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
$13,096
$19,250
Interest Repayments
$26,136
$26,136
Net Cashflow Before Tax
-$13,040
-$6,886
Depreciation
-
-
Tax Offset
-$3,912
-$2,066
Net Cashflow After Tax
-$9,128
-$4,820
Assumptions
Year 1
Year 10
Property Value
6.8%
$491,280
$888,117
Loan Balance
I.O
$396,000
$396,000
$95,280
$492,117
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