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Net & Gross Yield
Gross yield is the rental income as a percentage of the purchase price of a property.

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Valley View

 
 

5-13 Ormond St North Gosford NSW 2250 Australia

Investment Property in North Gosford, Hunter Valley, New South Wales
 
 
 
 
 
 
NRAS
This investment property is eligible for the National Rental Affordability Scheme (NRAS): Government backed 10 year rental incentive.

Apartment   A02

Select Investment Property: 

Physical Attributes

Level: 3
Status: Available Compass: East of Sydney
Aspect: North Title: Strata
Bedrooms: 2 Bathrooms: 2 (1 Ensuite)
 
Internal Area: 75 sqm External Area: 13 sqm
Total Area: 88 sqm
Elevation: 47.2m above sea level
Views: No Furniture Package: No
Parking:
Start Date: 30/01/2012 Completion Date: 30/11/2012
 
Special Needs: No 
On-Site Manager: No
Inspection Times: Appointment Only
 
Investment Property Overview
This is an apartment property within the Valley View project. Includes a lounge room and laundry. Other features include air conditioning, stainless steel appliances and gas cooktop. The development has security building.

The scope of this project is to develop a two tower multi-level apartment block with a total of 58 apartments over 6 levels including 82 basement car spaces. A Development Application (DA) has been approved by Gosford Council.

Investment Information

Costs

Price: $347,000 Stamp Duty: $11,105
 

Capital Growth

 
Capital Growth
Historical capital growth data provided updated at the end of Q1 each year.

Population Changes

 
Historical Population Change
Historical data provided by the Australian Bureu of Statistics (ABS) and updated at the end of Q1 each year.
5.58% p.a. (Historical) 0.50% p.a. (Historical)
1.99% (2011) n.a. (2011)
5.72% p.a. (5 year predictive)
 
 
Investment Returns
Various units of measurement for investment property performance.

Investment Returns

 
Total Return
The sum of 'Predicated Capital Growth' and 'Gross Yield'.
Total Return: 12.03%
Gross Yield: 6.31%
 
Gross Yield
Annual rental income as a percentage of purchase price BEFORE factoring expenses.
 
Weekly Cash Flow
The weekly cash flow the investment averages over 10 years.
Weekly Cash Flow: $63
Net Yield: 4.76%
 
Net Yield
Annual rental income as a percentage of purchase price AFTER factoring non-finance expenses.
Market Rent: $360 per week.
 
 
Levies
Recurring expenses associated with owning the property which the landlord is generally required to pay. These are estimates provided by the lister of the property and are factored into all performance calculations.

Levies

Council: $1,200 p.a. Water: $0 p.a.
Strata Fee: $1,600 p.a.
 
Expenses
Management Fee$1797
Land Lord Insurance$350
Maintenance$450
Strata$1,600
Council$1,200
Water$0
Year 1 Expenses$5,397
10 Year Average$6,361
Expenses are indexed to CPI.
Expenses: $5,397
 
 
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:$347,000
+Stamp Duty:$11,105
+Conveyancing:$950
+Dep. Report:$575
+Closing Costs:$0
+Loan Costs:$1,798
-Cash Invested$0
Loan Amount$361,428
Loan Amount: $361,428
Rent Per Week: $360 Rental Vacancy Rate: 4.00%
Interest Rate: 6.75% Inflation Rate: 3.6%
Cash Deposit: $0 NRAS: Yes
 

National Rental Affordability Scheme (NRAS)

Credit: $9,524 Less Audit Managers Fee: $2,002
Rent Discount of 20% to $288 per week.
 
Discounted Rent
Market Rent$360
NRAS Discount20%
Discounted Rent$288
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