Lot 214 New Road, Burpengary QLD 4505 – Sage Estate

$675,250

  • 4
  • 2
  • 2
  • 401m²
  • H & L

Burpengary, Queensland 

Welcome to Burpengary, where your investment dreams turn into financial realities. In this dynamic suburb, the opportunities are not just promising; they’re poised to double the economy to an impressive $40 billion over the next 20 years.

This regions population is set to grow from 480,000 to 700,000 people, driving sustained demand for housing. What’s more, this will fill 100,000 new jobs and an estimated 16,000 new businesses.

This growth is underpinned by Moreton Bay’s recent expansion, with established industries leading the way. For example, the manufacturing sector in the area, which is valued at more than $1 billion.

Overview

  • $-114.10/m

  • 7.57%

  • 5.01%

  • 1.18%

The estimated cash flow is reflective of a 90% P&I loan with an interest rate of 5.5% over a 30 year term. (Rental income + First year tax depreciation) – (*Loan Repayments + Council Rates + Water rates + Body Corp./Strata when applicable) = Estimated cash flow position
Property breakdown
Home area172 m²
Build price$336,070
Land price$339,000
Contract typeSplit
Storeys1
Council Rates*$125/m
Water Rates*$40/m
Tax depreciation*$684.50/m
Rental Income*$2817/m
* these figures are an estimate only, based on current average rates and current relevant figures.

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