Property of the Week

Forecast 10 year equity growth of $360,010, premium, middle-ring Brisbane townhouses, complete in December 2018, returning 5.0% based on four rental appraisals, 1.1% suburb vacancy, from $425k

Forecast 10-year equity growth of $360,010, with average net annual equity creation of $35,338 per year based on 20-year historical suburb growth
Year 1 holding cost of $33 per week
Tax rebate of $53,332 over 10 years based on $100,000 single income
Purchase costs: $101,332 (80% LVR), $84,634 (85% LVR), $66,979 (90% LVR), including deposit, legal fees, stamp duty and LMI

Brand-new, 3-bedroom, 2-bathroom, 1- or 2-car townhouses priced at $425,000 to $430,000, and conservatively estimated to return an average gross rental yield of 5.0% based off four rental appraisals received
Developer has granted Providence exclusive rights to negotiate prices, with lots approximately $25,000 lower than listed prices – these represent an incredible opportunity to acquire a highly affordable investment property
Boutique development 18km north of the CBD and consisting of less than 20 aesthetically pleasing and environmentally sustainable townhouses
Rental guarantee of 5% offered by developer for 12 months
In a high-growth, middle-ring suburb with low vacancy rate of 1.1% and limited supply of comparable stock
Located just 150m from bus stop with direct routes to the CBD and in close proximity to a range of key employment precincts, shopping centres, schools, recreational areas and hospitals
Very close to completion, which is expected by December 2018
With high level of turnkey inclusions such as stainless steel kitchen appliances, split-system reverse-cycle air conditioning, stone benchtops, roller blinds to all windows, hot water system, termite protection and automatic garage doors
Being delivered by a leading and an award-winning builder with over 15 years of experience in Brisbane and Sunshine Coast residential projects

Forecast growth based on historical 20-year suburb median price growth via APM PriceFinder
Weekly holding cost calculated using PIA Professional Software based on $100k income with 100% of purchase price plus costs financed at 5% interest only