2/74 Smallman St, Bulimba QLD Property Cashflow Report
2/74 Smallman St, Bulimba QLD is modelled as a lower-yield residential property that is materially negatively geared under the current assumptions.
At a purchase price of AUD 700,000 and estimated rent of AUD 475 per week, this scenario produces an estimated gross yield of 3.5% and after-tax cash flow of -AUD 237 per week. The model assumes a 20.0% deposit, an initial interest rate of 6.0%, and a vacancy allowance of 2.0%. The leverage is moderate, so the result is still sensitive to rent and rate changes. Rental outlook: Bulimba 2-bedroom flat rents are up 5.0% over the last 12 months, with the latest median at AUD 730 per week. The current scenario rent of AUD 475 per week is AUD 255 (34.9%) below that suburb median.
Based on a purchase price of $700,000, the property would need to reach about $1,007,956 to recover projected cash losses. That implies a break-even value lift of 43.99% overall, or about 3.71% annual growth over 10 years.
20-Year Cashflow and Loss Recovery View
This 20-year projection focuses on pre-tax cash flow, accumulated cash losses, and the property value growth required to recover those losses. A lighter secondary line shows the tax-adjusted scenario, but the primary focus is the underlying cash position.
In Year 1, the property is projected at -$20,377 before tax. Across 20 years, accumulated pre-tax cash flow totals -$307,956, which implies a break-even property value of $1,007,956.
Break-even value lift means the percentage increase from the current purchase price needed to recover projected cash losses before selling costs. To reach that recovery point within 10 years, the property would need compound annual growth of about 3.71%. The strongest pre-tax year in this view is Year 20 at -$9,713.
Local Context
2/74 Smallman St, Bulimba QLD sits in Bulimba, QLD. Use the links below to compare cashflow reports for nearby suburbs and the wider state.
Suburb Profile
Explore rental trends and cashflow reports for Bulimba.
View Bulimba profile