$430K
$69,526
Confidence
Medium
High
$403,000
Medium
$345,000
Low
$287,000
Confidence
Medium
"The owner of this enticing subdivided property is a tradie and the person who updated the grounds is a landscaper, so needless to say the result in the transformation of this gem was a resounding success. No stone was left unturned from the manicured and landscaped grounds of the more spacious than standard nonstrata lot to the trendsetting home. Handy to shops, food outlets, education hubs, entertainment and more, this property offers a great option for first home buyers, empty nesters and investors. The lovely home is partiallyscreened from the street by an attractive green hedged front yard featuring a handy car bay. The private fullyfenced backyard is just as inviting and has access to a 6mx6m garage off the shared driveway to the rear property. The homes light new neutral interior colour scheme and soft furnishings compliment the fabulous jarrah floorboards and general flow of the home. Relax in the stylish semiopen front lounge, or get cracking with the cooking in the central, revamped kitchen and meals area, which flows to a spacious sunlit separate living zone linked to a private alfresco deck. There is excellent wood heating and rc airconditioners and gas bayonet connections within key zones, ensuring comfortable yearround living. The family wing reveals a chic main bedroom with mirrored robes, two more modern bedrooms and an updated bathroom with toilet. The refreshed laundry off the deck has storage and a second toilet. Down tools, unwind and enjoy the easyliving, lock and leave lifestyle or reap healthy rent returns. For more detailed information or to arrange a private viewing please contact Paul Armstrong on 0459 381 382"
8%
63.6%
$363K
6.3%
-$85,000
-$10,272
4.2%
2.5%
-14.8%
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
$18,200
$25,904
Property Management
+8.2% PA
$1,492
$2,124
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
$10,868
$16,160
Interest Repayments
$25,542
$25,542
Net Cashflow Before Tax
-$14,674
-$9,382
Depreciation
-
-
Tax Offset
-$4,402
-$2,815
Net Cashflow After Tax
-$10,272
-$6,567
Assumptions
Year 1
Year 10
Property Value
6.8%
$368,460
$666,088
Loan Balance
I.O
$387,000
$387,000
-$18,540
$279,088
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
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