$1.73M
$326,274
Confidence
Moderate
High
$1,702,000
Medium
$1,600,000
Low
$1,300,000
Confidence
Moderate
"A prominent position on a 550sqm approx. block, this freestanding home is brimming with opportunity. The full brick residence is a prime candidate for an update project or to convert into a dual income investment. Families, investors and developers will appreciate its utility as well as the coveted R4 zoning. Campsies proximity to central Sydney, the Cooks River and Canterbury Hospital is attracting attention and is rapidly becoming another property hotspot. This property is an ideal offering for those seeking a family home, income or want to develop STCA. The added convenience of Campsie and Canterbury stations and shopping districts close by completes the offering. Features Scope for dual income R4 Zoning Residential Double brick construction Generous living spaces Three spacious bedrooms Two large bathrooms Reverse cycle air conditioning in several rooms Large kitchen plus connections for a possible second kitchen Two entrances front and side Sun bathed large rear garden Lock up garage with potential for more parking Close to Campsie and Canterbury Stations and shopping districts Note Parking available on Duke Street or Park Street While we have strived to gather information from reliable thirdparty sources, we advise prospective purchasers to conduct their own investigations and inquiries to ensure accuracy. We disclaim liability for any errors, omissions, or inaccuracies in the provided information."
2%
31.6%
-
-
$1,585,000
+
225.3%
178.1%
422.6%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$12,000
Estimated Purchase Price
$15,000
Stamp Duty
$188
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$1,500
Reg. Mortgage
$164
LMI Premium
$231
Renovation Costs
-
Total Cash/Equity Required
$4,279
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,800
$48,108
Property Management
+7.7% PA
$2,603
$3,704
Rates
+3.0% PA
$1,101
$1,437
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
$26,719
$38,561
Interest Repayments
$891
$891
Net Cashflow Before Tax
$25,828
$37,670
Depreciation
-
-
Tax Offset
$7,749
$11,301
Net Cashflow After Tax
$18,080
$26,369
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,708,800
$3,089,104
Loan Balance
I.O
$13,500
$13,500
$1,695,300
$3,075,604
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2021 Population
Suburbs
Manufacturing - 13.0%
Health Care and Social Assistance - 13.0%
Retail Trade - 10.0%
Construction - 9.0%
Others - 55.0%
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