$745K
$157,367
"Dont want the stress of building Well, look no further Situated on 952m2 block in sought after residential estate 4 bedrooms, 2 bathrooms 3 spacious living areas Kitchen with island bench, walk in pantry and stainless steel appliances Ducted heating reverse cycle air conditioning Timber decked undercover alfresco area Double garage with automatic door and direct access into dwelling 12mx 6m shedworkshop featuring incorporated mancave with wood heater, toilet and hand basin 2x water tanks Enclosed backyard ideal for the growing family"
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
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
Below are some similar properties in the area you may be interested in.
-
91.1%
-
-
-$385,000
-$26,640
2.2%
1.4%
-16.9%
6.0%
Asking Price
$745,000
Estimated Purchase Price
$840,000
Stamp Duty
$45,470
Transfer Fee
$2,071
Conveyancing
$1,196
Deposit (10%)
$84,000
Reg. Mortgage
$129
LMI Premium
$23,952
Renovation Costs
-
Total Cash/Equity Required
$157,367
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$18,200
$25,904
Property Management
+7.7% PA
$1,401
$1,995
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
$11,839
$17,438
Interest Repayments
$49,896
$49,896
Net Cashflow Before Tax
-$38,057
-$32,458
Depreciation
-
-
Tax Offset
-$11,417
-$9,737
Net Cashflow After Tax
-$26,640
-$22,721
Assumptions
Year 1
Year 10
Property Value
6.8%
$485,940
$878,464
Loan Balance
I.O
$756,000
$756,000
-$270,060
$122,464
Did you know you need to engage a conveyancer when buying a property?
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