$900K
$166,138
Confidence
High
High
$920,000
Medium
$870,000
Low
$820,000
Confidence
Medium
"Elevated above its handy single garage and additional storage space, this classic brick and tile home merges heartwarming charm with modern flair. It features a functional singlelevel layout, retaining its timeless appeal with sanded timber floors, a brick fireplace, and intricate ornate cornices. Thoughtfully renovated to embrace modern living, this home shines with northerly sunlight streaming through large sash windows, filling every corner with warmth and offering serene treetop views that transform this space into your personal sanctuary. Perfect for a growing family or those scaling down but still cherishing their space and garden, the home boasts two separate living areas and three spacious bedrooms. The modern kitchen, a standout with plenty of prep and storage space, makes cooking and entertaining a breeze, ideally situated for easy access to the covered alfresco area at the back, perfect for those weekend gatherings. Tucked away in the leafy enclave of New Lambton Heights, the home offers a perfect blend of tranquillity and convenience. It lies within the catchment for toprated schools like New Lambton Heights Infants School, Wallsend South Public, and Lambton High. Just 2.5km from John Hunter Hospital and a short drive to Westfield Kotara and Charlestown Square, everything you need is within easy reach. Plus, youre just 15 minutes from the city or the beaches. Beautifully updated brick and tile home on 525sqm north facing block Single garage and handy storage under the home North facing verandah to enjoy the serene treetop views Stretch out in the loungedining room, or kitchenfamily area Gas cooktop, under bench oven, dishwasher, stone benches Three carpeted bedrooms, all with builtins, main with ac Contemporary fullsize bathroom with bathtub and shower Covered alfresco entertaining patio with ceiling fans, tiered yard Central 15 minute drive to town or the M1 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."
-
76%
$1.04M
3.3%
-
-$17,667
3.9%
3.0%
-12.1%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$870,000
Stamp Duty
$33,885
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$87,000
Reg. Mortgage
$164
LMI Premium
$22,403
Renovation Costs
-
Total Cash/Equity Required
$145,648
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
$1,381
$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
$26,439
$38,196
Interest Repayments
$51,678
$51,678
Net Cashflow Before Tax
-$25,239
-$13,482
Depreciation
-
-
Tax Offset
-$7,572
-$4,045
Net Cashflow After Tax
-$17,667
-$9,438
Assumptions
Year 1
Year 10
Property Value
6.8%
$929,160
$1,679,700
Loan Balance
I.O
$783,000
$783,000
$146,160
$896,700
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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