$725K
$122,059
"Situated on approximately 1 acre Modern home with yesteryear features 3 spacious bedrooms, 2 modern bathrooms Quality Oak timber flooring Huge open plan north facing familylounge area overlooking rear yard Kitchen with walk in pantry, quality appliances and an abundance of cupboard space Wood heater and reverse cycle air conditioning Large sweeping verandahs Outstanding outdoor undercover timber deck complete with outdoor kitchen Workshop with adjoining carport plus sundry shedding Town water and dam A delight to inspect in a most tranquil setting"
Below are some similar properties in the area you may be interested in.
-
85.7%
$400K
5.4%
$55,000
-$17,043
3.4%
2.4%
-13.2%
6.0%
Asking Price
$745,000
Estimated Purchase Price
$690,000
Stamp Duty
$36,470
Transfer Fee
$1,720
Conveyancing
$1,196
Deposit (10%)
$69,000
Reg. Mortgage
$129
LMI Premium
$19,675
Renovation Costs
-
Total Cash/Equity Required
$128,739
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
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
$16,638
$24,269
Interest Repayments
$40,986
$40,986
Net Cashflow Before Tax
-$24,348
-$16,717
Depreciation
-
-
Tax Offset
-$7,304
-$5,015
Net Cashflow After Tax
-$17,043
-$11,702
Assumptions
Year 1
Year 10
Property Value
6.8%
$795,660
$1,438,364
Loan Balance
I.O
$621,000
$621,000
$174,660
$817,364
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 Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price