$540K
$96,651
"Discover this neat and modern 3bedroom, 2bathroom home located in a quiet court. The large open living area is filled with natural light, creating a bright and welcoming space. Enjoy the convenience of a modern kitchen with uptodate appliances. The master bedroom features an ensuite bathroom, while the other two bedrooms are spacious and versatile and complemented by a wellequipped family bathroom. Outside is a large, enclosed rear yard that with a little love could be transformed into a wonderful blend of gardens and outdoor entertaining. This home offers a quiet retreat with convenient access to local amenities, schools, and parks. The outdoor area is perfect for relaxing or hosting a barbecue."
Below are some similar properties in the area you may be interested in.
1.5%
87.1%
$653K
3.7%
-
-$12,710
3.9%
2.6%
-13.2%
6.0%
Asking Price
$540,000
Estimated Purchase Price
$540,000
Stamp Duty
$27,470
Transfer Fee
$1,369
Conveyancing
$1,196
Deposit (10%)
$54,000
Reg. Mortgage
$129
LMI Premium
$11,937
Renovation Costs
-
Total Cash/Equity Required
$96,651
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$20,800
$29,605
Property Management
+7.7% PA
$1,602
$2,280
Rates
+3.0% PA
$2,014
$2,628
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
$13,919
$20,437
Interest Repayments
$32,076
$32,076
Net Cashflow Before Tax
-$18,157
-$11,639
Depreciation
-
-
Tax Offset
-$5,447
-$3,492
Net Cashflow After Tax
-$12,710
-$8,147
Assumptions
Year 1
Year 10
Property Value
6.8%
$576,720
$1,042,573
Loan Balance
I.O
$486,000
$486,000
$90,720
$556,573
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 - 20.0%
Health Care and Social Assistance - 11.0%
Retail Trade - 9.0%
Manufacturing - 8.0%
Others - 52.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price