Success, WA
Cockburn (C)
4
2
2
house
First listed on 13/01/2024
Current Asking Price
Market Appraised Value
Market Appraised Rent
Cash Required
Arron Hillman
None
65.1%
$585K
5%
$0
$0
0.0%
0.0%
0.0%
0.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewBelow are some similar properties in the area you may be interested in.
Asking Price
$800,000
Estimated Purchase Price
$900,000
Stamp Duty
$37,466
Transfer Fee
$373
Conveyancing
$1,535
Deposit (10%)
$90,000
Reg. Mortgage
$203
LMI Premium
$25,662
Renovation Costs
$0
Total Cash/Equity Required
$155,789
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$37,024
$52,697
Property Management
+8.2% PA
$3,036
$4,321
Rates
+3.0% PA
$2,000
$2,610
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
$28,283
$40,932
Interest Repayments
$53,460
$53,460
Net Cashflow Before Tax
-$25,177
-$12,528
Depreciation
$0
$0
Tax Offset
-$7,553
-$3,758
Net Cashflow After Tax
-$17,624
-$8,770
Assumptions
Year 1
Year 10
Property Value
6.8%
$961,200
$1,737,621
Loan Balance
I.O
$810,000
$810,000
$151,200
$927,621
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2016 Population
Suburbs
Manufacturing - 15.0%
Construction - 14.0%
Retail Trade - 11.0%
Education and Training - 7.0%
Others - 53.0%
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
This image shows the front exterior of a single-story home with a red-tiled roof, landscaped garden, and paved driveway. Multiple cars are parked in the driveway.
The property exterior appears to be in good condition with well-maintained landscaping and a clean, paved driveway. However, it doesn't stand out significantly compared to other homes in the suburb.
Landscaped gardens, Fencing, Paved driveway
New Roofing, Fresh Exterior Paint
Upgrading the roofing and applying a fresh coat of exterior paint would enhance the property's aesthetic appeal and potentially increase its market value. These improvements can attract buyers looking for a property with fewer short-term maintenance needs.