$3.2M
$513,197
Confidence
High
High
$3,300,000
Medium
$3,100,000
Low
$2,900,000
Confidence
Not Found
"Auction Location On site Melrose is one of Annandales classic beauties, imaginatively recast as a showpiece residence and generous family entertainer full of bespoke joinery and highspec details. The open living space is a lightfilled pavilion that appears to float in its garden setting, connecting seamlessly to the outdoor entertaining space. The twolevel studiogarage makes the most of the dualaccess block, and is a creative mix of salvaged materials and design flair. It is in one of the areas best positions, a wide and peaceful treelined street close to the village hub, Annandale Public School and city transport. Highlights Semidetached home on dualaccess block Highspec renovation no more to spend Generous 4bedroom floorplan studio DA approved for 2bed apt above garage Indoorout design w glasslined pavilion Wrapped in garden scenes natural light Long wall of joinery integrates everything Ducted AC, underfloor heating, jet master Eatin kitchen with caf window, XL cooker Upstairs master with ensuite roof store"
16.2%
26.4%
-
-
$140,000
-$126,242
-
-
-23.9%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$3,200,000
Estimated Purchase Price
$2,960,000
Stamp Duty
$145,855
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$296,000
Reg. Mortgage
$164
LMI Premium
$83,643
Renovation Costs
-
Total Cash/Equity Required
$527,858
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,144
$1,493
Water
+3.0% PA
$1,127
$1,470
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
-$4,521
-$5,899
Interest Repayments
$175,824
$175,824
Net Cashflow Before Tax
-$180,345
-$181,723
Depreciation
-
-
Tax Offset
-$54,104
-$54,517
Net Cashflow After Tax
-$126,242
-$127,206
Assumptions
Year 1
Year 10
Property Value
6.8%
$3,310,800
$5,985,139
Loan Balance
I.O
$2,664,000
$2,664,000
$646,800
$3,321,139
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Location, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
2021 Population
Suburbs
Health Care and Social Assistance - 13.0%
Retail Trade - 11.0%
Accommodation and Food Services - 9.0%
Education and Training - 9.0%
Others - 58.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price