Kingaroy – Qld

Australian Property Investor (API)

Top 100 Location

Kingaroy located in the northern Darling Downs has evolved into a regional centre with a strong and diverse economy. Several major industrial projects are set to create an influx of workers including:

  • $1bn Windfarm
  • $500m in coal mining
  • 400 MW power station

ADDITIONAL INFORMATION

You can download a brochure on the Kingaroy property investment opportunity here.

Review the detailed Kingaroy Investment Property Selection Criteria here.

Property Overview
Price Land Total Land $75,000 Total $260,000
Purchase Costs (Stamp Duty, Legal, all $3,550
Forecast Weekly Rent $280
Selection Criteria Score 19/20
Annual Return On Investment (ROI) 446%
Key Point Australian Property Investor Top 100
Area Statistics
Historical 10 Year Capital Growth* 12.3%
Independant Capital Growth Forecast** 8%
Property Features
Bedrooms 3 Air Conditioning Yes Garage DLUG
Bathrooms 2 Land Size 1012 sqm Turn Key Yes
Funds Required Full Doc (90% Loan) Low Doc (80% Loan)
Loan Equity 10% (90% loan) $26,000 $52,000
Purchase Costs (Stamp Duty, legals) $3,550 $3,550
Total Forecast Equity Required $29,550 $55,550
Cash Flows Full Doc (90% Loan) Low Doc (80% Loan)
Forecast Nett Rental Income $13,104 NA
Interest Expense $17,763 NA
Total Pre Tax Forecast Nett Cashflow ($4,659) NA
Tax Scales Full Doc (90% Loan) Low Doc (80% Loan)
Cost Per Week - 45% ($7) NA
Cost Per Week - 40% ($23) NA
Cost Per Week - 30% ($53) NA

This property will not last, if you require further information contact Portfolios Property.

If you haven't done so please take the time to fill our a Portfolio Review.

Clarifications

Annual Return On Investment (ROI) = Independent Capital Growth Forecast / Total Pre Tax Forecast Nett Cashflow as a %
Full Doc = 90% Loan hence 10% required and Low Doc = 80% Loan hence 20% required
Forecast Nett Rental is 90% X Forecast Weekly Rent. The 10% allows for Land Tax, Rates, Property Manage, misc costs
Interest Expense = (Price + Purchase Costs) x 6.74 % ##. We allow for all costs & assume all Funds Required are borrowed
Turnkey = All complete ready for tenant ($amount) = a negative result
* Australian Property Monitors ** Residex ##Homeloans Ltd Premium