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Malvern Springs

 
 

Banrock Drive Ellenbrook WA 6069 Australia

Investment Property in Ellenbrook, Perth, Western Australia
 
 
 
 
 
NRAS
This investment property is eligible for the National Rental Affordability Scheme (NRAS): Government backed 10 year rental incentive.

House & Land   7029

Select Investment Property: 

Physical Attributes

Status: Available Compass: East of Perth
Aspect: North Title: Torrens
Bedrooms: 4 Bathrooms: 2 (1 Ensuite)
 
House Area: 169.43 sqm Land Area: 403 sqm
Views: No Furniture Package: No
Parking: 2 Double Lock Up
 
Special Needs: No 
On-Site Manager: No
Inspection Times: Appointment Only
Rental Guarantee: $340-$360 per week
 
Investment Property Overview
This is a house & land investment property within the Malvern Springs project. It also includes a dining room, a lounge room, laundry. Within the development comprise security parking.

Ellenbrook has been expertly planned as a town of self supporting villages. Each offer its own individual style, yet sits harmoniously alongside the others in a way that is uniquely ‘Ellenbrook’. However, this is not the end of the story as plans and designs are constantly refined to provide the best environment for purchasers.

The Town Centre is growing by the minute, with a mixture of shopping, education, sport and urban living within our stylish precincts.

Malvern Springs, Ellenbrook’s newest village, has been designed for the future – for the future of everyone and everything that calls this village home. With a focus on recreation, clean air, enriched natural parklands and of course, the latest innovations in home and garden design

Investment Information

Price: $415,000
Capital Growth
 
Capital Growth
Historical and Predictive capital growth data provided by Residex and updated at the end of Q1 each year.
 
Total Return
The sum of 'Predicated Capital Growth' and 'Gross Yield'.
Total Return: 6.72% 14.99% p.a. (Historical)
 
Weekly Cash Flow
The weekly cash flow the investment averages over 10 years.
Weekly Cash Flow: -$107 -4.10% (2009)
 
Internal Rate of Return (IRR)
Represents the effective 'interest rate' that you receive for your cash invested over a 10 year period.
IRR: 5.47% 2.39% p.a. (5 year predictive)
Gross Yield: 4.33%
 
Gross Yield
Annual rental income as a percentage of purchase price BEFORE factoring expenses.
Population Changes
 
Historical Population Change
Historical data provided by the Australian Bureu of Statistics (ABS) and updated at the end of Q1 each year.
Net Yield: 3.88%
 
Net Yield
Annual rental income as a percentage of purchase price AFTER factoring non-finance expenses.
12.55% p.a. (Historical)
Min Cash Deposit: 10% 11.47% (2009)
Stamp Duty: $0
 Market Rent: $360 per week. 
 
 
Investment Assumptions
These are the values that have been used or entered by you at the top of the page to perform the calculations.

Your Investment Assumptions

Total Income: $85,000
 
Loan Amount
Price:$415,000
+Stamp Duty:$0
+Conveyancing:$1,500
+Dep. Report:$545
+Closing Costs:$0
+Loan Costs:$3,755
-Cash Invested$41,500
Loan Amount$379,300
Loan Amount: $379,300
Rent Per Week: $360 Rental Vacancy Rate: 4.00%
Interest Rate: 7.25% Inflation Rate: 2.9%
Cash Deposit: $41,500 NRAS: No
 
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