Diver, Riverbank, Well, Hasting and Kelby St

Diver, Riverbank, Well, Hasting and Kelby St

Location

Purchase Package Price

Market Price (per bank valuation as March 2017)

Land Size

House Features and Internal Size

Gross Rental from day 1 (Before Property Agent Commission)

Purchase /Exchange Date

Completion /Settlement Date

Rental Return(Assuming 80% borrowing)

20% discount of market rent plus $11,000 yearly government incentive

Capital Growth

(<10months)

Diver St

$389K

$706K

170 m2

2 Bed, 126m2

$500 per week

Discounted $400

Nov 2012

July 2013

10.22%

81.49%

Riverbank Drive

$435K

$715K

213 m2

2 Bed

128m2

$500 per week

Discounted $400

April 2013

Sept 2013

9.14%

64.37%

Well St

$440K

$710K

210 m2

2 Bed

133m2

$500 per week

Discounted $400

April 2013

Sept 2013

9.03%

61.36%

Hasting St

$439K

$706K

189 m2

2 Bed

130m2

$500 per week

Discounted $400

May 2013

Late Dec 2013

9.05%

60.82%

Kelby St

$445K

$715K

213 m2

2 Bed

133m2

$500 per week

Discounted $400

May 2013

Late Dec 2013

8.93%

60.67%

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