$349K
$55,232
Confidence
Medium
High
$340,000
Medium
$325,000
Low
$310,000
Confidence
Medium
"This renovated 3bedroom, one bathroom home offers an ideal investment opportunity, currently rented at 500 per week until July 2025, with a rental review due in January that could see an increase to 520530 per week. With a prime location close to Wallace Park, North Kalgoorlie School, the Arboretum, Hammond Park, and convenient shopping and dining options, its perfectly positioned for longterm tenant appeal. Step inside to a welcoming entrance with floating wood floors and added storage, leading to an openplan kitchen and dining area that exudes warmth and practicality. The kitchen features gas cooking, an electric oven, a dishwasher, and modern finishes throughout. The adjoining living area, carpeted for comfort, creates an inviting space to unwind. Key features include builtin robes in all bedrooms, and a bathroom designed for relaxation with a corner spa under the shower and vanity. With a separate toilet for convenience, this home has been designed with practicality in mind. The outdoor patio is perfect for entertaining or relaxing, spacious 2.5 carlength carport, the property is set up for efficient and lowmaintenance living. Close to parks, schools, transport, and essential amenities, this property offers both immediate rental returns and future potential. Bonus NO STRATA FEES Dont miss out on this solid, hasslefree investment, call Danielle Today 3 Bedrooms 1 Bathroom OpenPlan Kitchen Dining, gas cooking, Gas Hot Water System electric oven, dishwasher BuiltIn Robes Outdoor Patio 2.5 CarLength Carport Close to Schools, Parks Transport Rented Until July 2025 at 500 per week Rental review in January with potential increase to 520530 per week"
-
-
-
-
-$5,000
-$5,884
5.5%
3.4%
-11.5%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$349,000
Estimated Purchase Price
$330,000
Stamp Duty
$9,975
Transfer Fee
$273
Conveyancing
$1,535
Deposit (10%)
$33,000
Reg. Mortgage
$203
LMI Premium
$5,639
Renovation Costs
-
Total Cash/Equity Required
$51,175
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$18,200
$25,904
Property Management
+8.2% PA
$1,492
$2,124
Rates
+3.0% PA
$1,806
$2,356
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
$11,197
$16,590
Interest Repayments
$19,602
$19,602
Net Cashflow Before Tax
-$8,405
-$3,012
Depreciation
-
-
Tax Offset
-$2,522
-$904
Net Cashflow After Tax
-$5,884
-$2,109
Assumptions
Year 1
Year 10
Property Value
6.8%
$347,100
$627,474
Loan Balance
I.O
$297,000
$297,000
$50,100
$330,474
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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
Mining - 24.0%
Health Care and Social Assistance - 9.0%
Retail Trade - 9.0%
Education and Training - 7.0%
Others - 51.0%
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