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Nras Off-the-plan Villa 2-bedroom Bunbury Wa ' 1 X $11192 P.a Gov't Incentive - $315,000


Villa For Sale: 101/500 Jeffrey Road, Glen Iris2 Bed | 1 Bath | 2 Car | Floor: 84m2 | Land: 220m2



Date Available: Available Now!Contract Structure: Single Contract

Lot 101 on 500 Jeffrey Road Glen Iris in the City of Bunbury is the approved location for Australia's last release of land with approved Gov't Tax Free Incentives under NRAS from Questus Ltd.

"The South West region's economy is booming, with over $3.5 billion of major projects currently under construction and a further $3.7 billion committed."

This last one is suitable for SMSF buyers with balances of $110,000 (based on 75% LVR lending + s/duty)

What can investors expect when buying as a single contract off-the-plan or as house and land package Villa with NRAS?

1. 1 x NRAS Incentive currently valued at $11,192 each (2018-2019)
2. Very low purchase price with high returns + improving growth
3. Great location 1 hour & 44 mins drive from Perth
4. One of WA's highest gross rental yields
5. Located in the South West Region of Bunbury with $3.5 billion of major projects currently under construction and a further $3.7 billion committed

Now available for contract and expected to be tenant-ready late 2018.

As is traditional with NRAS, this property is very cashflow positive.

Expected Rent

Market rent $320 pw (based on 2017 realestate.com.au listings) less 20% NRAS Discount = $256pw + NRAS incentive value $214pw = $470pw!

No Strata fee as this block is green title.

Expected operating expenses $95pw inclusive of insurances, property management fees and NRAS fees.

Gross Rental Yield 7.76%

Annual Property Growth 1.08%
(source RP Data March 2018)

Regional economic powerhouse of WA!
(sourced from the Gov't website)

The South West region contributed $17 billion to the State's economy in 2014 - an amount greater than any other regional area in Western Australia. The South West has displayed impressive economic growth over the years.

The Bunbury-Wellington region is a mix of mineral processing, energy production, mining and agriculture. It includes the region's capital city of Bunbury which hosts a range of service, construction, engineering and manufacturing industries together with the Bunbury Port. Tourism is a growing aspect of the region varying from wine in the Ferguson Valley and Harvey areas to motorsports at Collie.

The port city of Bunbury is the regional capital of the South West Region of Western Australia. Surrounded by water on three sides, Bunbury boasts beautiful beaches, rivers and inlets and affords its residents unique waterfront living. Many of the city's residents rely on mining, manufacturing, building and retail industries for their employment, working both within the city and in surrounding shires.

Bunbury is well serviced by road, rail and bus services and is only one and half hours drive from the state capital of Perth. It has its own small-scale airport and an express passenger train service which runs between Perth and Bunbury daily. The city offers a wide variety of retail shopping, and quality education (with its own university campus), health and sporting facilities.

The City itself is home to approximately 33,075 people, but the population of the Greater Bunbury area, which includes the adjacent urban centres of Australind, Leschenault, Eaton, Gelorup, Dalyellup and Stratham, is an estimated 67,090 people. Bunbury's port is one of Australia's biggest regional facilities. It services the export of bulk commodities such as alumina, woodchips and mineral sands.

Visit the Empower Housing Group website empowerhousing.com.au for more information on the National Rental Affordability Scheme.

Visit the City of Bunbury's website for more on the location swdc.wa.gov.au/…

Contact Robert Kirk of Empower Housing Group on 1300 859 075 or rkirk@empowerhousing.com.au for an investors information pack tailored to your situation
  • Air Conditioning
  • Broadband
  • Built In Robes
  • Built-In Wardrobes
  • Close to Schools
  • Close to Shops
  • Close to Transport
  • Fully Fenced
  • Garden
  • Newly Built

Zoning: Residential


Calculator Overview Property Investment Analysis


Verifying...

About this Investment Property

This property is assessed as cash-flow positive PA (2018 ABS incomes) by: Personalise
Expected tax benefits from buying this property PA (NegGear & NRAS):
7.6-Year NRAS Value:
(Incentive/s 0.7% and rent/s 0%)
Includes CPI
Purchase Price:
Deposit:
Stamp Duty:
Total Market Rental Incomes P/W:
Total NRAS Disc Rental Incomes P/W:
Number of NRAS Bonuses available:
Property Management, Insurances & Rates P/W:

Rental Yield And Annual Growth

Rental Yield:
Annual Growth Rate:
Rule of 72 (Years to double in value):

Profit & Loss Calculations (Annualised)

Loan Amount (Inc Stamp Duty, Legals & Lender Fees):
Interest Rate I/O PA:
Loan Interest PA:
Loan Repayment PW:
Est. Legals & Lenders Fees:
Depreciation PA:
Investment Expenses PA:
Total Deductions PA:
Net PA Loss/Gain:

Single Year Cash-flow - Before & After Comparison (Negative Gearing Calculation)Enter Your Incomes Here

Before this Property Purchase
Primary Earners PA Taxable Income: Use this income to assess and see changes above Enter Your Actual Income
Partners PA Taxable Income: Use this income to assess and see changes above Enter Actual Partner Income
Income Tax Payable PA (Primary Earner): Use this tax-cut to assess and see changes above Enter After-Tax-Cut Instead
Income Tax Payable PA (Partner): Use this tax-cut to assess and see changes above Enter After-Tax-Cut Instead
Primary Income After Tax:
Secondary Income After Tax:
After this Property Purchase
Suggested Ownership (Primary Earner):
Suggested Ownership (Partner):
Income Tax Payable PA (Primary Earner):
Income Tax Payable PA (Partner):
Primary Income After Tax:
Secondary Income After Tax:
Upshot
Est. Tax Saved PA (Neg/Pos Gearing):
*Doesn't include LITO

Effect of this Property on Owners Income Taxes

Est. Tax Saved PA (Negative Gearing):
NRAS Refundable Tax Offsets PA:
NRAS State or Territory Cash Payments PA:
Upshot
Potential Tax Reduction or Increase PA:

Effect of this Property on Owners to be Debt-Free Enter All Your Debts Here

Click here to open debt table pop-up (balances and minimum repayments required)
Total debts & loans required to be paid out
Total existing monthly payments:
Upshot
Potentially pay out in total debt incl. home & investment loans (if and as applicable) in years (based on min. repay amount plus any extra payments) using the net surplus from this property.

Positive Outcome/s from Buying this Property

Potential Reduction or Increase in Income Taxes
Projected Capital Growth over 10-years:
Projected Property Value after 10-years:
7.6-Year NRAS Value:
(Incentive/s 0.7% and rent/s 0%)
Includes CPI
Potential Interest Savings on your home loan (based on loan balance):
Surplus income: (Annual Rental income - Annual Expenses) - (loan repayment per annum) + tax_saved
Potentially pay out in total debt incl. home & investment loans (if and as applicable) in years (based on min. repay amount plus any extra payments)
Investing current monthly payments of per month for remaining term of years when you are debt-free, potentially earns an additional in income.

Effect of this Property when buying in a SMSF

Loan Amount @ 80% LVR: Enter Reduced Amount
Minimum combined balance/s in Super Fund/s to purchase:
Interest Rate I/O PA:
Loan Repayment PA:
Total Market Rental Income/s PA:
Total NRAS Disc Rental Income/s PA:
NRAS Refundable Tax Offset/s PA:
NRAS State or Territory Tax-free Cash Payment/s PA:
Property is assessed as cash-flow positive PA (excluding any Tax considerations) by:
Projected Capital Growth over 10-years:
Projected Property Value after 10-years:
7.6-Year NRAS Value:
(Incentive and rent/s)
Includes CPI

 

Enquire Now


Robert Kirk Download vCard
Phone: 1300859075
Mobile: 0403 577 353
rkirk@empowerhousing.com.au
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Disclaimer: Accessing and using any information from this site is on the condition you read and agree to the following. Before making any financial commitment to any property you should seek professional advice from a qualified and registered financial advisor. While every attempt is made to keep the information accurate and current, this site should be used to locate properties of interest to carry out further investigation as to the viability and suitability of the investment property to your personal situation. Indicative returns on investment are just that ‘indicative’ being based on information provided from third parties in regard to sale price and expected rent to be obtained. They are not deemed to be the final return once all other costs e.g legal fees, stamp duty, rental fees, utilities connections and the like associated with buying a new home are added in. Using links from this site to other web sites and the like means you are accessing information from sites we have no control over, we will not be held liable for any loss incurred from the use of information from this site and outbound linked sites. Management of Empower Housing Group and Empower Housing Group WA April 2014.

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