$1.08M
$162,723
Confidence
High
High
$860,000
Medium
$820,000
Low
$780,000
Confidence
High
"If youre an investor, this property is risk free as it comes backed by a 12month rental guarantee. Speak to the Love Team to find out more. Set in a quiet culdesac, this beautifully maintained movein ready home offers privacy, comfort, and plenty of space for relaxed living. Double glazed windows at the rear and tinted front windows provide privacy and energy efficiency, while fully ducted air conditioning and ceiling fans provide yearround comfort. The home also benefits from a newly restored roof and stylish updates including new carpets, blinds, and doors throughout. The kitchen comes equipped with a fridge freezer that will stay for the new owner. Outdoors is an entertainers delight with a spacious area featuring a timber bar, gas outlet, and a serene water feature. Additionally, the home boasts a gas outlet in the lounge room, a new gas hot water system, Foxtel connectivity, and ample parking including room for a caravan, boat or trailer. Dont miss seeing this amazing family home in soughtafter Belmont. Call 02 4958 8555 to book your inspection."
-
86.3%
-
-
-
-$16,260
4.0%
3.1%
-11.9%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$820,000
Stamp Duty
$31,635
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$82,000
Reg. Mortgage
$164
LMI Premium
$21,115
Renovation Costs
-
Total Cash/Equity Required
$137,110
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$32,760
$46,628
Property Management
+7.7% PA
$2,523
$3,590
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
$25,479
$36,829
Interest Repayments
$48,708
$48,708
Net Cashflow Before Tax
-$23,229
-$11,879
Depreciation
-
-
Tax Offset
-$6,969
-$3,564
Net Cashflow After Tax
-$16,260
-$8,315
Assumptions
Year 1
Year 10
Property Value
6.8%
$875,760
$1,583,166
Loan Balance
I.O
$738,000
$738,000
$137,760
$845,166
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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