Lot 26, Burpengary QLD 4505 – Farriers Creek

$669,880

  • 4
  • 2
  • 2
  • 300m²
  • H & L

Farriers Creek is a refreshing residential community located in Burpengary, North Brisbane. Set amongst nature, Farriers Creek will be the place where your family can grow. Whether it’s a family game of backyard cricket, exploring the nearby creek or catching up with the neighbours while the kids ride their bikes, Farriers Creek is a place you can slow down and enjoy life. With shops, schools and transport all close by, you’ll have everything you need on your doorstep. This creekside development consists of 9 residential homesites set amongst nature. FarriersCreek is a location where you can start fresh and create the lifestyle you’ve always wanted.

For investors, Burpengary shows strong signs due to its potential for capital growth and strong demand for housing. It has convenient access to transportation, proximity to employment centres, and a growing population.

Overview

  • $-544.15/m

  • 36.54%

  • 4.48%

  • 0.7%

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 area170.4 m²
Build price$343,880
Land price$326,000
Title Status45139
Contract typeSplit
Storeys1
Council Rates*$125/m
Water Rates*$35/m
Tax depreciation*$539/m
Rental Income*$2500/m
* these figures are an estimate only, based on current average rates and current relevant figures.

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