$490K
$79,703
Confidence
High
High
$435,000
Medium
$410,000
Low
$385,000
Confidence
Medium
"Investing in a property with three bedrooms, brick construction, spacious lounge, builtin robes, a long patio, a carport and a shed could be a wise choice. Such features tend to attract tenants or potential buyers, ensuring steady rental income or appreciation in value over time. Consider the locations rental demand, proximity to amenities, and potential for future development or improvement. Alternatively, if youre looking to settle down, the spaciousness and amenities like builtin robes in master bedroom, modernised bathroom and a shed make it a comfortable home for nesting and enjoying family life. Evaluate your longterm goals and financial situation to make the best decision. The patio is a real bonus, with room for all your entertaining. There is a lovely roomy fully fenced back yard perfect for children to play on a trampoline, swings etc, or ideal for pets. This exclusive listing can be inspected by private appointment. Phone Rita McLean 0427423200 direct or email rita.mcleanraywhite.com and or Edwin.mcleanraywhite.com"
8%
61.4%
$405K
6%
-$80,000
-$12,433
3.8%
2.3%
-15.6%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$490,000
Estimated Purchase Price
$490,000
Stamp Duty
$17,290
Transfer Fee
$293
Conveyancing
$1,535
Deposit (10%)
$49,000
Reg. Mortgage
$203
LMI Premium
$10,832
Renovation Costs
-
Total Cash/Equity Required
$79,703
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$18,720
$26,644
Property Management
+8.2% PA
$1,535
$2,185
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
$11,345
$16,840
Interest Repayments
$29,106
$29,106
Net Cashflow Before Tax
-$17,761
-$12,266
Depreciation
-
-
Tax Offset
-$5,328
-$3,680
Net Cashflow After Tax
-$12,433
-$8,586
Assumptions
Year 1
Year 10
Property Value
6.8%
$437,880
$791,583
Loan Balance
I.O
$441,000
$441,000
-$3,120
$350,583
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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