$300K
$47,297
"Andy Bredow and the AB Realty team are pleased to present to you this fabulous block Perfectly situated within walking distance to the local Ashby shopping precinct and the Ashby Bar and Bistro. Block size 273sqm See advertising for block dimensions. Its time to build Entry level block, titled and ready to build your first home Call today to secure."
-
61.6%
-
-
-$10,000
-$16,398
-
-
-34.7%
6.0%
Asking Price
$300,000
Estimated Purchase Price
$305,000
Stamp Duty
$9,025
Transfer Fee
$273
Conveyancing
$1,535
Deposit (10%)
$30,500
Reg. Mortgage
$203
LMI Premium
$5,212
Renovation Costs
-
Total Cash/Equity Required
$47,298
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+8.2% PA
-
-
Rates
+3.0% PA
$1,603
$2,092
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
-$5,308
-$6,926
Interest Repayments
$18,117
$18,117
Net Cashflow Before Tax
-$23,425
-$25,043
Depreciation
-
-
Tax Offset
-$7,028
-$7,513
Net Cashflow After Tax
-$16,398
-$17,530
Assumptions
Year 1
Year 10
Property Value
6.8%
$315,060
$569,554
Loan Balance
I.O
$274,500
$274,500
$40,560
$295,054
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2016 Population
Suburbs
Construction - 16.0%
Retail Trade - 13.0%
Education and Training - 12.0%
Manufacturing - 9.0%
Others - 50.0%
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