$449K
$72,918
Confidence
High
High
$420,000
Medium
$390,000
Low
$350,000
Confidence
Medium
"Properties such as this gem are in hot demand from all quarters, so make the most of this chance to get your hands on it. Its appeal not only lies in its handy location just a short stroll from various family amenities. It also has the key foundations of a very sound, welldesigned and lowupkeep original home and a spacious lot, with good gated vehicle access to a double garage and fenced backyard. While a little outdated inside, the home does feature modern vinyl timber flooring and is more than comfortable to enjoy as stands. It also features a rear patio. However, you would not have to spend up too big, if you wanted to jazz things up a tad. The layout is appealing from the light open living area and adjoining superspacious separate lounge, with an rc airconditioner and gas bayonet, to the pleasant meals area and easy clean laundry access kitchen. The remaining zone reveals a warm, sunlit main bedroom, with a walkin robe and semiensuite, and a separate toilet, second bedroom with robe and a pleasant third bedroom. A smart buy in a convenient setting with wide buyer appeal. Call now. For more detailed information or to arrange a private viewing please contact Rob Humfrey on 0428 447 226."
8%
61.4%
$405K
6%
-$60,000
-$12,106
3.7%
2.1%
-16.6%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$449,000
Estimated Purchase Price
$450,000
Stamp Duty
$15,390
Transfer Fee
$293
Conveyancing
$1,535
Deposit (10%)
$45,000
Reg. Mortgage
$203
LMI Premium
$9,948
Renovation Costs
-
Total Cash/Equity Required
$72,919
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$16,640
$23,684
Property Management
+8.2% PA
$1,364
$1,942
Rates
+3.0% PA
$2,135
$2,786
Water
+3.0% PA
$1,455
$1,898
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$9,436
$14,122
Interest Repayments
$26,730
$26,730
Net Cashflow Before Tax
-$17,294
-$12,608
Depreciation
-
-
Tax Offset
-$5,188
-$3,782
Net Cashflow After Tax
-$12,106
-$8,826
Assumptions
Year 1
Year 10
Property Value
6.8%
$416,520
$752,969
Loan Balance
I.O
$405,000
$405,000
$11,520
$347,969
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Location, 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 - 15.0%
Retail Trade - 13.0%
Education and Training - 11.0%
Construction - 8.0%
Others - 53.0%
Average Income
Average Population
projected
for 2024 to 2026
Average Days of Supply