Withheld
$76,277
Confidence
High
High
$860,000
Medium
$825,000
Low
$790,000
Confidence
Medium
"Elders Real Estate Wollongong are proud to offer you this perfectly positioned high exposure property. Previous DAAPPROVAL for a medical use and or Development Home Business Potential Set on a 544m2 corner block, with private access and park like reserve at the rear. Current improvement is an original style 4bedroom property with a detached garage and side access. Rare opportunity to secure a soughtafter Shellharbour city fringe property with potential business opportunity along with previous medical planning approvals. Located directly opposite Shellharbour Public and Private Hospitals, Super close proximity to Lake Illawarra, Stocklands Shellharbour Shopping Precinct, local schools, shops and parks, Shellharbour City Centre, Shell Cove marina. Wollongong CBD, Both Public and Private hospitals along with Wollongong University only a 20 minutes drive Sydney CBD, and airport only 1 hour away This property definitely is a must see Call today and Schedule your private inspection."
23%
47.8%
$773K
3.9%
$50,000
-$17,134
3.7%
2.8%
-13.2%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$775,000
Stamp Duty
$29,610
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$77,500
Reg. Mortgage
$164
LMI Premium
$19,957
Renovation Costs
-
Total Cash/Equity Required
$129,426
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
Rates
+3.0% PA
$1,463
$1,909
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
$21,558
$31,257
Interest Repayments
$46,035
$46,035
Net Cashflow Before Tax
-$24,477
-$14,778
Depreciation
-
-
Tax Offset
-$7,343
-$4,433
Net Cashflow After Tax
-$17,134
-$10,344
Assumptions
Year 1
Year 10
Property Value
6.8%
$881,100
$1,592,819
Loan Balance
I.O
$697,500
$697,500
$183,600
$895,319
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2021 Population
Suburbs
Retail Trade - 18.0%
Health Care and Social Assistance - 17.0%
Education and Training - 12.0%
Construction - 10.0%
Others - 43.0%
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