Bank repayments $310k x 4.89% = $292 pw
Rates $400 qtr = $ 31 pw
water $200 qtr = $ 16 pw
insurance $800 p/a = $ 16 pw
p/management $ 30 p/w = $ 30 pw

Total Cost = $ 385 pw

Rental income is $360 per week therefore cost to own is $25 per week.

Please note that these figures are indicative and an estimate only. Deprecation and tax offsets have not been used in this calculation.

The new development of the latest stage at the Cunningham Rise Estate is in full swing and demanding high new home prices, therefore now is your best opportunity to purchase a modern established home at the bottom end of the property cycle. Save tens of thousands of dollars by simply bypassing the developers and buy direct of the local Agents. Currently rented at $360/ week and with the clock ticking as the pressure is on. Don’t delay! Call today and book a private viewing before this home gets snapped up right before your eyes. I urge you not to sit on the fence and wait as the right offer will buy this home today.

Situated in a newish residential estate only minutes from amenities which include, Shops, Schools, Banks, Railway Station and many more, this home offers arguably the best location in Goodna. Offering convenient access via train to both the Brisbane and the Ipswich CBD, living in the fast growing Western Corridor has never been this convenient.

- Currently tenanted at $360/week
- Modern brick and tile home in residential estate
- Minutes from School, Shops and Railway Station
- Open plan family room
- Great kitchen with stainless appliances
- Bedrooms with built ins
- Ensuite to master bedroom
- Covered outdoor entertainment area
- Low maintenance, easy to manage 600m2 yard
- Rental appraisal available at request

With interest rates being as affordable as ever and property prices being this low, there are strong indications that prices will once again start to rise. Armed with this knowledge it is important that you don’t hesitate. Chances are that soon you will simply pay more!

Ray White does not accept any liability for any investment decisions made on the basis of this information. This web site does not constitute financial advice and should not be taken as such.
Ray White urges you to obtain professional advice before proceeding with any investment.