2 bedroom unit for sale in Sydney

[denmav]

WE HAVE A 2 BEDROOM UNIT WITH CAR SPACE, SECURITY GATE, 1 ST FLOOR WITH BALCONY. 2 MIN'S WALK TO THE STATION AND SHOPS. POTENTIAL RENT $ 140.00/WEEK. 30 MIN'S DRIVE TO SYDNEY CENTRAL. CONTACT denmav@yahoo.com or ++ 61-413-064030. More

[GSM]

I have always wanted to by property in australia. I wonder if there's anyone who has bought a property in australia. What are the associated costs like?

GSM

[denmav]

With regards to any property you need only 40% deposit. We are in a position to borrow the balance from any major bank. Interest rate is approx: 7.5% variable. Costs involved .. Transfer fee $75.00, Mortgage registration fee$75.00, stamp duty on the property $5490.00, Stamp duty on the loan $421.00, Solicitors fee is approx $2000.00.
Monthly mortgage repayment is approx $887.00. We are in position to rent the property for approx:$140.00/week.
other ongoing expense is strata fee and council rate. This is approx: $39.00/week. Managing agent charge approx 6.6% of the rental amount.
All amounts are given in Australian Dollars.