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Below are some similar properties in the area you may be interested in.
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$35,000
-$3,404
6.5%
4.1%
-7.6%
6.0%
Asking Price
$289,000
Estimated Purchase Price
$265,000
Stamp Duty
$10,970
Transfer Fee
$726
Conveyancing
$1,196
Deposit (10%)
$26,500
Reg. Mortgage
$129
LMI Premium
$4,528
Renovation Costs
-
Total Cash/Equity Required
$44,598
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$17,160
$24,424
Property Management
+7.7% PA
$1,321
$1,881
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
$10,879
$16,072
Interest Repayments
$15,741
$15,741
Net Cashflow Before Tax
-$4,862
$331
Depreciation
-
-
Tax Offset
-$1,459
$99
Net Cashflow After Tax
-$3,404
$231
Assumptions
Year 1
Year 10
Property Value
6.8%
$320,400
$579,207
Loan Balance
I.O
$238,500
$238,500
$81,900
$340,707
Did you know you need to engage a conveyancer when buying a property?
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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