| YEAR | WEEKLY RENT | ANNUAL RENT | VS INTEREST | CF STATUS |
|---|---|---|---|---|
| Now | $470/wk | $24,440 | +$4,680 | POSITIVE |
| Year 1 | $498/wk | $25,906 | +$6,146 | POSITIVE |
| Year 2 | $528/wk | $27,461 | +$7,701 | POSITIVE |
| Year 3 | $560/wk | $29,108 | +$9,348 | POSITIVE |
| Year 4 | $593/wk | $30,855 | +$11,095 | POSITIVE |
Highest conviction — 6.4% house yield at $380k = strongly positive cashflow. Budget policy renders negative gearing IRRELEVANT here. New builds in Morwell corridor still NG-eligible for adjacent buyers. Keppel data centre catalyst completely unpriced.
Long DOM ~145d in some Latrobe pockets; micro-suburb selection critical; avoid Morwell social housing streets; verify SQM postcode-level vacancy before transacting
6.4% yield at $380k = ~$24.4k annual rent vs ~$19.8k annual interest (80% LVR, 6.5% rate) = $4,600 POSITIVE cashflow. Negative gearing is irrelevant. New builds in Morwell precinct retain unlimited NG. CGT indexation perfectly suits long-hold income strategy. Defence spending adds $14B to employer base in region.