$1.1M
$161,869
Confidence
High
High
$1,200,000
Medium
$1,075,000
Low
$950,000
Confidence
Medium
"Set on an impressive 6,626m2 approx. block in an elevated position, this property offers a rare and exciting opportunity in the heart of Cardiff. The fourbedroom, onebathroom home upstairs is flooded with natural light and offers serene bushland views from the rear of the property. Downstairs, youll find a rumpus room with an additional bathroom, perfect for extended family or guest accommodation. Potential to make it fully selfcontained by installing a kitchen. The 3car drivethrough garage adds convenience, and the property features a foyer on entry, providing separate access to both levelsan ideal setup for dual occupancy, making it a prime investment opportunity. Zoned R2, this property offers potential for future development subject to council approval, making it attractive to land bankers, home buyers, and investors alike. Whether youre looking to embrace a tranquil lifestyle, invest in a solid brick and tile home, or explore the propertys development potential, the possibilities are endless. Spacious 4bedroom, 1bathroom home upstairs with abundant natural light and tranquil bushland views from the rearperfect for a peaceful family lifestyle. Rumpus room downstairs with an extra bathroom, ideal for multigenerational living, guest accommodation, or a home office. Threecar drivethrough garage provides practical convenience for families or those with extra vehicles or hobbies. Foyer entry with separate access to both levelsan excellent setup for dual occupancy, boosting potential rental returns or accommodating extended family. This one is scheduled to go to auction on the 2nd of November at 2pm, with open homes every Saturday and private inspections available by appointment. Dont miss this incredible opportunitycall today to arrange your inspection"
-
83.8%
-
-
$55,000
-$17,185
4.3%
3.5%
-10.0%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$1,100,000
Estimated Purchase Price
$1,020,000
Stamp Duty
$40,635
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$102,000
Reg. Mortgage
$164
LMI Premium
$26,265
Renovation Costs
-
Total Cash/Equity Required
$171,260
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$44,200
$62,910
Property Management
+7.7% PA
$3,403
$4,844
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
$36,039
$51,858
Interest Repayments
$60,588
$60,588
Net Cashflow Before Tax
-$24,549
-$8,730
Depreciation
-
-
Tax Offset
-$7,365
-$2,619
Net Cashflow After Tax
-$17,185
-$6,111
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,148,100
$2,075,492
Loan Balance
I.O
$918,000
$918,000
$230,100
$1,157,492
Below are some similar properties in the area you may be interested in.
Location, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
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