Try: "Addison" / "Church" / "Harris" / "Smith" / "George"
How this calculator works
The address search runs against a small sample dataset of demonstration properties, each with an illustrative current value, last sale price, and a suburb growth rate. It is not connected to a live valuation feed, so the values shown are examples of how the tool works rather than an estimate of any specific property. For a real figure, request a free property report and John will send suburb data with comparable sales.
Once a property is selected, equity created since purchase is calculated as the estimated current value minus the last sale price. The future projection applies annual compound growth: future value equals the current value multiplied by (1 + growth rate) to the power of the number of years you select. You can adjust both the timeframe (1 to 20 years) and the growth rate (0% to 12%).
Key assumptions used by the calculator:
- Future value = current value x (1 + annual growth rate) ^ years, compounded once per year.
- The default growth rate is 5.5% per year, or the sample suburb growth rate once a property is selected; presets are 3% (low), 5.5% (average), and 8% (high).
- Equity shown is value minus purchase price; it ignores your loan balance, transaction costs, and any capital gains tax.
- Growth is applied as a straight compound line; real markets move in cycles with flat and negative years.
This is a general illustration only, not a valuation, financial advice, or credit advice. Actual property values depend on location, market conditions, and the individual property.