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Below are some similar properties in the area you may be interested in.
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-$120,000
-$18,418
3.3%
2.3%
-13.7%
6.0%
Asking Price
$720,000
Estimated Purchase Price
$720,000
Stamp Duty
$38,270
Transfer Fee
$1,791
Conveyancing
$1,196
Deposit (10%)
$72,000
Reg. Mortgage
$129
LMI Premium
$20,530
Renovation Costs
-
Total Cash/Equity Required
$134,465
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
$1,877
$2,449
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
$16,456
$24,032
Interest Repayments
$42,768
$42,768
Net Cashflow Before Tax
-$26,312
-$18,736
Depreciation
-
-
Tax Offset
-$7,894
-$5,621
Net Cashflow After Tax
-$18,418
-$13,115
Assumptions
Year 1
Year 10
Property Value
6.8%
$640,800
$1,158,414
Loan Balance
I.O
$648,000
$648,000
-$7,200
$510,414
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