$1000K
$146,501
Confidence
High
High
$1,025,000
Medium
$930,000
Low
$865,000
Confidence
Medium
"This beautifully transformed fourbedroom home has undergone a fronttoback renovation, creating a stylish sanctuary perfect for a growing family. Spanning two versatile levels, the layout offers a second bathroom and flexible multipurpose space downstairs, while upstairs, multiple living areas provide plenty of room for everyone to unwind and enjoy. Nestled in a peaceful culdesac just 1500m from Belmont Wetlands, youll have easy access to endless 4WD and walking tracks that lead to the stunning coastline of Nine Mile Beach. The practical floorplan smartly separates the main living spaces from the sleeping quarters, with the striking main bathroom providing added privacy. The kitchen is equally impressive, featuring eyecatching stone benches, shaker cabinetry, and quality appliances. The homes cohesive design is enhanced by timber floors, crisp dcor, and ducted airconditioning. Glass sliding doors invite you out to a covered alfresco area framed by leafy views, and downstairs, youll discover even more outdoor space amid established gardens. When its time to socialise, Belmont 16s and Belmont Yacht Club are just 4.5km away for drinks, dining, or live entertainment. All your shopping needs are close by, with Belmont CBD and Jewellstown Plaza within easy reach, plus the address falls within the desirable Jewells Primary School zone. Dual storey brick and tile family home on large 1110sqm block in peaceful culdesac Stretch out in the formal lounge room, open plan familydining or lower level retreat Stunning stonetopped kitchen, electric hob, dishwasher, wall oven Three of the four carpeted bedrooms are fitted with builtin robes Main bathroom, fully tiled, back to wall bath, frameless glass shower, black tapware Ducted ac and ceiling fans provide climate control Two separate alfresco entertaining areas and established gardens Extralong single garage plus plenty of driveway parking 20 solar panels to help keep bills in check Jewells Primary 1km, Belmont Christian College 2.8km, Belmont High 3.4km Charlestown Square 7.2km, Newcastle CBD 17.5km This information has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly, all interested parties should make their own enquiries to verify the information."
-
86%
$889K
4.8%
-
-$16,802
4.2%
3.4%
-10.8%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$930,000
Stamp Duty
$36,585
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$93,000
Reg. Mortgage
$164
LMI Premium
$23,948
Renovation Costs
-
Total Cash/Equity Required
$155,893
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$39,000
$55,509
Property Management
+7.7% PA
$3,003
$4,274
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
$31,239
$45,027
Interest Repayments
$55,242
$55,242
Net Cashflow Before Tax
-$24,003
-$10,215
Depreciation
-
-
Tax Offset
-$7,201
-$3,065
Net Cashflow After Tax
-$16,802
-$7,151
Assumptions
Year 1
Year 10
Property Value
6.8%
$993,240
$1,795,542
Loan Balance
I.O
$837,000
$837,000
$156,240
$958,542
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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