
High-Yield Potential
2 bedrooms · study · tandem parking for 2
The advertised rent is A$800 a week. At the A$675,000 asking threshold, that is 6.16% a year before costs. The income is the reason for this alert; recent sales do not prove a discount.
Our first check allows two empty weeks, the advertised strata, rates and water bills, 7.5% management, A$1,500 repairs and A$500 landlord insurance. That leaves about 3.22% of the price before loan costs and tax. An 80% loan at 6.5% interest would leave a shortfall of about A$257 a week.
The current lease ends in November and notice to leave has been issued. A new tenant and rent are not guaranteed. Get the latest strata accounts and special-levy records before treating the return as reliable.
The address and listing, recent sales, the floor-area mismatch between advertisements, each running cost, loan and rent sensitivities, and the tenancy and strata checks.





