Success, WA
Cockburn (C)
3
2
2
house
First listed on 22/05/2024
Current Asking Price
Target Purchase Price:$665,000
Market Appraised Value
High Confidence
Market Appraised Rent
Cash Required
Shahbaj Brar
None
66.3%
$600K
5.6%
$0
-$5,480
6.1%
4.8%
-4.8%
6.0%
Did you know you need to engage a conveyancer when buying a property?
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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.
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
Asking Price
$619,000
Estimated Purchase Price
$665,000
Stamp Duty
$25,603
Transfer Fee
$333
Conveyancing
$1,535
Deposit (10%)
$66,500
Reg. Mortgage
$203
LMI Premium
$18,962
Renovation Costs
$0
Total Cash/Equity Required
$113,685
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$39,676
$56,471
Property Management
+8.2% PA
$3,253
$4,631
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
$30,718
$44,397
Interest Repayments
$39,501
$39,501
Net Cashflow Before Tax
-$8,783
$4,896
Depreciation
$0
$0
Tax Offset
-$2,635
$1,469
Net Cashflow After Tax
-$6,148
$3,427
Assumptions
Year 1
Year 10
Property Value
6.8%
$710,220
$1,283,909
Loan Balance
I.O
$598,500
$598,500
$111,720
$685,409
This image shows the front exterior of a property with a double garage and a paved driveway. The property has a fenced front yard with some minimal landscaping. There is also an automatic garage door and a side gate providing access to the backyard.
The condition of the front exterior of the property appears to be average compared to other properties in Australia and the suburb. The driveway and garage door are well-maintained, but the landscaping could use some improvement.
Automatic garage doors, Fencing
Landscaping, Paint
Improving the landscaping will enhance the curb appeal of the property, making it more attractive to potential buyers or tenants. Repainting or refreshing the exterior paint will also contribute to a more polished and well-maintained appearance.