414/25 Chancellor Village Bvd, Sippy Downs is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 70m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in May 2013.
INCLUDES ANNUAL TAX FREE GOVERMENT INCENTIVE PAYMENTS
If, as an investor, you are in a high income tax bracket, the lower taxable income from rent is more than offset by the annual tax free incentive payment ($11048 in the 2016-17 year). Current gross rent is $13250pa from a tenancy expiring in July 2018
For comparison purposes, rework the tax free incentive back into an equivalent taxable sum, add the base rent and you are looking at what would be a taxable gross return around 10%. If that sounds attractive, then it's time to talk to your financial advisor and us.
The size of Sippy Downs is approximately 14.5 square kilometres. It has 20 parks covering nearly 57.6% of total area. The population of Sippy Downs in 2011 was 9,088 people. By 2016 the population was 10,281 showing a population growth of 13.1% in the area during that time. The predominant age group in Sippy Downs is 10-19 years. Households in Sippy Downs are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sippy Downs work in a professional occupation. In 2011, 54.7% of the homes in Sippy Downs were owner-occupied compared with 52.4% in 2016.
Sippy Downs has 4,865 properties. Over the last 5 years, Houses in Sippy Downs have seen a 69.86% increase in median value, while Units have seen a 76.95% increase. As at 31 October 2024:
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