Property of the Week

Premium Boutique Townhouse - NOW COMPLETE! Forecast 10 yr equity growth of $875,398. Great location 600m to train station 6.5km south of Brisbane CBD

Year 1 holding cost of $21 per week, turning cash flow positive in Year 2
Cash flow positive by Year 5 at $3 per week
Purchase costs: $156,414 (80% LVR), $131,813 (85% LVR), $107,154 (90% LVR), including deposit, legals, stamp duty and LMI
Forecast 10-year equity growth of $875,398, with average annual equity creation of $87,540 per year based on 20-year historical suburb growth
Forecast 10-year holding income of $4,378
Tax rebate of $70,413 over 10 years based on $100k single income

3-bedroom luxury townhouses starting at $651,500
Outstanding 9.1% p.a. suburb capital growth over the last 20 years
Strong gross rental yield of 4.7% based off three rental appraisals received; suburb average at only 3.6%
Minimal vacancy rate of 2.1%, with low supply of comparable stock within suburb
Median household income in suburb is 6% higher than in Greater Brisbane
Boutique development consisting of only 13 townhouses
Located in a quiet, tree-lined area zoned only for small residential projects
Construction nearing completion, expected by Q3 2018
Only 600m to train station
4 shopping centres, 5 schools, 3 hospitals within a 4km radius
Low body corporate of approx. $1,685 per year
Excellent inclusions such as stainless steel gas cooktop, split-system air conditioning, stone benchtops, natural timber flooring, 2kW solar power system and exclusive-use courtyard

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