Business Finance Project: Sydney Housing Market Assessment, MIT

This business finance project provides a comprehensive analysis of the Sydney housing market. It begins with assumptions about future housing prices based on historical data from 2002-2017, forecasting prices over a 20-year period. The project evaluates historical income data for Sydney, projecting income growth over the next 10 years and incorporating inflation rates. It utilizes an ATO calculator to determine net income and maximum borrowing amounts based on a 4% home loan rate and 80% LVR. The project includes stamp duty calculations, assessing property affordability with and without mortgage premiums. A financial plan is presented with loan upfront payments of 20% and 5%, evaluating property price, income, expenses, tax, and savings over 16 years. The project also checks the interest payment capability of the lender, and concludes with assumptions and potential risks associated with the financial plan. The student has contributed this assignment on Desklib to help fellow students.