$624K
$130,648
"Compact and stylish, the Armadale, exclusive to G.J. Gardner Homes is designed to suit narrow sites and provides good use of space with functional practical living. The open plan living space with Ushape kitchen, dining and family room leads outdoors to a covered alfresco area to the rear. A generous master suite with an ensuite and walkin robe is positioned at the rear of the home and provides a space to retreat and unwind. Two additional bedrooms, a family bathroom, good size laundry and a single garage make this a delightful family home. Allow yourself to imagine the lifestyle youve always wanted in the home you deserve The Armadale design offers individually crafted facades that will inspire you by providing a choice of homes that reflect your personal lifestyle and preferences. For optimal site use, this design is best positioned on sites with the north aspect towards the rear of the home, providing sustainable and comfortable living conditions throughout the year."
Below are some similar properties in the area you may be interested in.
1.9%
78%
$429K
5.5%
-$340,000
+
11.1%
9.5%
13.5%
6.0%
Asking Price
$624,016
Estimated Purchase Price
$700,000
Stamp Duty
$37,070
Transfer Fee
$1,744
Conveyancing
$1,196
Deposit (10%)
$70,000
Reg. Mortgage
$129
LMI Premium
$19,960
Renovation Costs
-
Total Cash/Equity Required
$130,648
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$78,000
$111,018
Property Management
+7.7% PA
$6,006
$8,548
Rates
+3.0% PA
$2,015
$2,629
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
$66,714
$95,581
Interest Repayments
$41,580
$41,580
Net Cashflow Before Tax
$25,134
$54,001
Depreciation
-
-
Tax Offset
$7,540
$16,200
Net Cashflow After Tax
$17,594
$37,800
Assumptions
Year 1
Year 10
Property Value
6.8%
$384,480
$695,048
Loan Balance
I.O
$630,000
$630,000
-$245,520
$65,048
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 - 18.0%
Retail Trade - 12.0%
Agriculture, Forestry and Fishing - 8.0%
Accommodation and Food Services - 7.0%
Others - 55.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price