$1.35M
$238,711
Confidence
High
-
Medium
-
Low
-
Confidence
-
54.4%
$1.06M
3.4%
-$320,000
-$39,026
2.2%
1.6%
-16.0%
6.0%
Asking Price
$1,350,000
Estimated Purchase Price
$1,280,000
Stamp Duty
$70,400
Transfer Fee
$3,101
Conveyancing
$1,196
Deposit (10%)
$128,000
Reg. Mortgage
$129
LMI Premium
$40,052
Renovation Costs
-
Total Cash/Equity Required
$243,427
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,080
$39,967
Property Management
+7.7% PA
$2,162
$3,077
Rates
+3.0% PA
$2,372
$3,095
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
$20,281
$29,534
Interest Repayments
$76,032
$76,032
Net Cashflow Before Tax
-$55,751
-$46,498
Depreciation
-
-
Tax Offset
-$16,725
-$13,949
Net Cashflow After Tax
-$39,026
-$32,548
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,025,280
$1,853,462
Loan Balance
I.O
$1,152,000
$1,152,000
-$126,720
$701,462
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.
2016 Population
Suburbs
Manufacturing - 18.0%
Transport, Postal and Warehousing - 13.0%
Construction - 10.0%
Retail Trade - 9.0%
Others - 50.0%
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
Below are some similar properties in the area you may be interested in.