$430K
$69,526
Confidence
High
High
$418,000
Medium
$380,000
Low
$342,000
Confidence
Medium
"Charming 3 bedroom, 1 bathroom brick tile home on a spacious 709m2 level block, perfect for a variety of buyers, your first home, downsizing, investors, whatever your needs are, boasts a double depth carport for 2 cars, colourbond 1 bay garage with concrete floor, ample visitor parking including space for a caravan. The home is very functional with a robe recess in each bedroom, smallish kitchen with space to easily add more cupboards if needed, cosy family room. The expansive yard provides plenty of space for the kids, pets, or future outdoor projects. Located in a culdasac and conveniently located near local schools, shops and parks, this home offers a blend of suburban peace and convenience. Dont miss out on this opportunity to secure a fantastic all round property in a popular suburb. For a private viewing please call Les on 0417 092 950 or email les.ralstonraywhite.com"
8%
61.4%
$405K
6%
-$50,000
-$7,933
5.1%
3.3%
-11.4%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$430,000
Estimated Purchase Price
$430,000
Stamp Duty
$14,440
Transfer Fee
$293
Conveyancing
$1,535
Deposit (10%)
$43,000
Reg. Mortgage
$203
LMI Premium
$9,506
Renovation Costs
-
Total Cash/Equity Required
$69,527
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$21,840
$31,085
Property Management
+8.2% PA
$1,791
$2,549
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
$14,209
$20,916
Interest Repayments
$25,542
$25,542
Net Cashflow Before Tax
-$11,333
-$4,626
Depreciation
-
-
Tax Offset
-$3,400
-$1,388
Net Cashflow After Tax
-$7,933
-$3,238
Assumptions
Year 1
Year 10
Property Value
6.8%
$405,840
$733,662
Loan Balance
I.O
$387,000
$387,000
$18,840
$346,662
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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