Withheld
$95,276
Confidence
Medium
High
$950,000
Medium
$850,000
Low
$750,000
Confidence
Medium
"This quality home on a large block of land is perfect for growing families. Built in the 1970s it retains all the quality features of that era but is now ripe for renovation and new owners. The quiet culdesac location is just a few hundred metres from the Belmont foreshore. Enjoy sparkling filtered lake views from the front balcony. The home boasts a functional layout with separate living and bedroom areas. There is a second living area downstairs which could be the perfect granny flat, home office or teenager retreat. Set well back from the street, this leafy abode also features a large inground concrete pool and extensive under house storage. Features Four bedrooms Two bathrooms Downstairs retreat with kitchenette Large living and dining area overlooking a sun filled balcony with lake views Open plan kitchen with large island bench and plenty of cupboard space Air conditioning Sparkling inground pool Double vehicle carport Set back from the street for the ultimate in privacy Sought after street and a convenient, central location The information contained herein has been provided by people we believe to be reliable, however all interested parties must rely on their own enquiries."
-
73.9%
-
-
$830,000
+
143.0%
108.2%
290.5%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$19,090
Estimated Purchase Price
$20,000
Stamp Duty
$260
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$2,000
Reg. Mortgage
$164
LMI Premium
$309
Renovation Costs
-
Total Cash/Equity Required
$4,928
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
$1,381
$1,802
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
$21,640
$31,364
Interest Repayments
$1,188
$1,188
Net Cashflow Before Tax
$20,452
$30,176
Depreciation
-
-
Tax Offset
$6,136
$9,053
Net Cashflow After Tax
$14,316
$21,123
Assumptions
Year 1
Year 10
Property Value
6.8%
$907,800
$1,641,086
Loan Balance
I.O
$18,000
$18,000
$889,800
$1,623,086
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2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 14.0%
Construction - 9.0%
Education and Training - 9.0%
Others - 50.0%
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