Client Historical

Returns*
9.78%
*Annualized Historical Returns

Spencer Apartments

US$314,426

Spencer Apartments

Melbourne, Australia

US$314,426

USD

US$714 / SQFT

Spencer Apartments Property Scorecard Property Scorecard is a proprietary tool developed by Property Passbook that evaluates residential real estate investability. Scores are based on unique algorithms that account for characteristics that impact the value of new construction property.

85.9

Overall
Score

  • Spencer Apartments 85.9
  • Melbourne Average 85.0
  • Livable Score 88.1 / 100
  • Transportation Score 87.0 / 100
  • Building Score 88.2 / 100

Spencer Apartments Investment Calculator

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  • Purchase Price
  • Appreciation Expectation Appreciation expectation is the forecasted increase in the value of the property. %
  • Rent (Yield Expectation) Rent expectation is the current forecasted rental yield for this property. %
  • Down Payment The down payment is the cash portion of the property purchase price. This amount is used to calculate your initial investment and projected returns. %
  • Loan Term Loan Term is the amount of time set by the lender for a buyer to pay off a mortgage. Years
  • Interest Rate Mortgage interest is the percentage charged on a mortgage that must be paid in addition to the loan amount (principal). %

Total Return

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Ann. Return

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Scenario Analysis

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Spencer Apartments Location Analysis

Highest Momentum Score Lowest
  • Spencer Apartments Livable Score : 88.1

    Livable Score was developed by Property Passbook and objectively rates the value of a location for property investors.
    • 87 Public Transportation Services
    • 84 Schools And Universities
    • 89 Walkable Restaurants And Shops
    • 90 Nearby Public Services
    • 91 Commute To Downtown
    • 83 Nearby Parks And Nature

Spencer Apartments Investment Highlights

  • Education
    Within 2km from the University of Melbourne and RMIT
  • Location
    10 min walk to Melbourne's CBD.
  • Lifestyle
    Surrounded by parks, museums, restaurants and bars.

Spencer Apartments Details

  • Property Type : Condominium/Apartment
  • Est. Completion Date : August 2017
  • Ownership Type : Freehold

Spencer Apartments Building Score : 88.2

Building score evaluates the range of amenities available within the development and quality of the finishings in project units.
  • Amenities
  • Gym Facilities
  • Terraces and Gardens
  • Concierge/ Security
  • Clubhouse
  • Finishings
  • Kitchen
  • Bathroom
  • Balcony
  • Parking