$499K
$77,284
"Check out this lovely 3bedroom house on 2 blocks Wonderful investment opportunity, you can build on, or sell off the other block, or leave it as one parcel as the current owner has. Perfect for your own Airbnb hub, build 1, live in one manage the other. Choices are endless. The entertaining area is to die for, overlooking the park like surroundings that will be your property. The freshly renovated kitchen and bathroom, huge lounge and dining room round off this package, leaving nothing for you to do but move in and enjoy. You may even be able to snag the furniture."
Below are some similar properties in the area you may be interested in.
-
85%
$365K
4.6%
-$225,000
-$12,679
3.5%
2.2%
-14.8%
6.0%
Asking Price
$549,000
Estimated Purchase Price
$480,000
Stamp Duty
$23,870
Transfer Fee
$1,229
Conveyancing
$1,196
Deposit (10%)
$48,000
Reg. Mortgage
$129
LMI Premium
$10,611
Renovation Costs
-
Total Cash/Equity Required
$85,584
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$16,640
$23,684
Property Management
+7.7% PA
$1,281
$1,824
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
$10,399
$15,389
Interest Repayments
$28,512
$28,512
Net Cashflow Before Tax
-$18,113
-$13,123
Depreciation
-
-
Tax Offset
-$5,434
-$3,937
Net Cashflow After Tax
-$12,679
-$9,186
Assumptions
Year 1
Year 10
Property Value
6.8%
$272,340
$492,326
Loan Balance
I.O
$432,000
$432,000
-$159,660
$60,326
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewLocation, 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