$525K
$109,654
"Located in a relatively New Estate in Benalla. A neat tidy Three 3 Bedroom Home awaits you. Set on a 2032 Square Meter allotment amongst high end homes. Lovely appointments throughout to enjoy this now into the future, Sit back enjoy the peace quite of the Gem in your new life in Rural Victoria. Feast your eyes on the location all this home has to offer. Pick up the Phone dial NOW You will be pleasantly surprised."
Below are some similar properties in the area you may be interested in.
-
90.4%
$995K
2.1%
-$135,000
-$16,322
3.0%
1.8%
-15.6%
6.0%
Asking Price
$525,000
Estimated Purchase Price
$565,000
Stamp Duty
$28,970
Transfer Fee
$1,428
Conveyancing
$1,196
Deposit (10%)
$56,500
Reg. Mortgage
$129
LMI Premium
$16,110
Renovation Costs
-
Total Cash/Equity Required
$104,883
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
$1,850
$2,414
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
$10,244
$15,186
Interest Repayments
$33,561
$33,561
Net Cashflow Before Tax
-$23,317
-$18,375
Depreciation
-
-
Tax Offset
-$6,995
-$5,512
Net Cashflow After Tax
-$16,322
-$12,862
Assumptions
Year 1
Year 10
Property Value
6.8%
$459,240
$830,197
Loan Balance
I.O
$508,500
$508,500
-$49,260
$321,697
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
Health Care and Social Assistance - 14.0%
Manufacturing - 11.0%
Agriculture, Forestry and Fishing - 10.0%
Retail Trade - 9.0%
Others - 56.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price