$2.05M
$361,093
Confidence
Medium
High
$930,000
Medium
$890,000
Low
$850,000
Confidence
Medium
"Proudly positioned in one of Camdens most prestigious streets, 18 Kimbarra Avenue stands as a testament to timeless elegance and masterful craftsmanship. Set on a manicured 700sqm block, this immaculate residence has been tightly held for over 20 years and has undergone a meticulous transformation, blending American Modern Farmhouse charm with Hamptonsinspired sophistication. The striking faade, framed by a classic white picket fence, sets the tone for what lies within. With stunning cladding, ornate barge boards, and moody sconce lighting complementing crisp white accents, the home makes an unforgettable first impression. Stepping inside, you are immediately in awe of the exposed timber beams and rich timber flooring that seamlessly pull you through the home, showcasing the excellence in every detail. At the heart of this home is the showstopping kitchen, curated with style and sophistication. Custom shaker cabinetry, 60mm stone benchtops, and a farmhousemounted sink create an air of luxury, while an ornamental mantle proudly showcases the freestanding SMEG Victoria gas cooker. A stunning servery window effortlessly connects the kitchen to the outdoor entertaining area, making this space an unparalleled space for entertaining. For quiet moments, the formal sitting room is bathed in natural light, paying homage to the old world with ornate crown mouldings. The modern living experience is elevated by a secluded lounge room with an adjoining study or home office, offering a perfect retreat for work or relaxation. The splitlevel design emphasises both privacy and grandeur, with a childrens retreat on the midlevel, featuring two sizable bedrooms with builtin robes and a convenient ensuite bathroom. The upper level presents a third expansive media rumpus, along with the lavish master suite. Extravagant in size, this suite is styled to perfection, from the ornate cornices and ceiling roses to the walkin robe and resortstyle ensuite. With herringbone tiling, VJ panelling, custom vanities, and a freestanding rolled bathtub, the ensuite evokes a sense of serene luxury, complete with timeless tapware. Every detail of the home has been thoughtfully designed, with custom joinery throughout, including a charming mudroom entry from the oversized lockup garage. The garage, transformed with sleek epoxy flooring, includes a fourth bathroom, making it poolready for future plans. Outdoor entertaining is made effortless with bifold doors that seamlessly blend indoor and outdoor living, leading to a timber deck with pristine landscaped views. The laundry, complete with additional bench space, a sink, and a dishwasher, offers further convenience with a servery to the yard, perfect for hosting gatherings yearround. This exceptional property is further enhanced by ducted air conditioning, an impeccable lighting and electrical plan, plantation shutters, and ample storage. 18 Kimbarra Avenue offers a rare blend of luxury, charm, and modern convenience, creating a home that is as inviting as it is grand. This property offers an enviable lifestyle with Macarthur Park, Camden Bike track and all of Camdens cafes, restaurants and pubs at your fingertips and walking distance."
3.9%
62.9%
$925K
3.5%
$35,000
-$14,615
4.4%
3.5%
-10.2%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$855,000
Stamp Duty
$33,210
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$85,500
Reg. Mortgage
$164
LMI Premium
$22,017
Renovation Costs
-
Total Cash/Equity Required
$143,086
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$37,440
$53,289
Property Management
+7.7% PA
$2,883
$4,103
Rates
+3.0% PA
$1,272
$1,660
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
$29,908
$43,120
Interest Repayments
$50,787
$50,787
Net Cashflow Before Tax
-$20,879
-$7,667
Depreciation
-
-
Tax Offset
-$6,264
-$2,300
Net Cashflow After Tax
-$14,615
-$5,367
Assumptions
Year 1
Year 10
Property Value
6.8%
$950,520
$1,718,314
Loan Balance
I.O
$769,500
$769,500
$181,020
$948,814
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2021 Population
Suburbs
Construction - 16.0%
Retail Trade - 13.0%
Health Care and Social Assistance - 10.0%
Education and Training - 9.0%
Others - 52.0%
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