Withheld
$133,695
Confidence
Medium
High
$900,000
Medium
$800,000
Low
$700,000
Confidence
Medium
"Discover this delightful property featuring two spacious bedrooms, set on a generous 1,100sqm level block approx subdivided into two lots, offering exciting potential for development or simply enjoy as is. Step inside to find a neat and tidy layout that retains its original charm, including multiple living areas that provide ample space for relaxation and entertaining. Outside, youll appreciate the expansive front and back verandas, perfect for soaking up the sun in your northeast facing yard. With side access and plenty of underhouse storage, this property caters to all your storage needs. The singular garage is complemented by a large workshopstudio, providing additional space for tools, toys, or a workshop. This property is not just a home but a canvas for your dreams. Whether youre looking to invest, develop, or settle down, this unique offering wont last long Split system air conditioning in one bedroom and a ceiling fan in the other Built in robes in both bedrooms Equidistant between Cardiff South Public School and Cardiff High School, just a short 250m walk to both Approximately 5.5km to Westfield Kotara and 4.5km to Charlestown Square For more information and to schedule your inspection, please contact Jacob McFarlane from McFarlane Real Estate on 02 4954 0399. From all of us, we wish you every success in your search for your new home. If you would like to know more about this property or explore other available listings, please call or email us today DISCLAIMER We have obtained all information provided here from sources we believe to be reliable however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations and satisfy themselves of all aspects of such information including without limitation, any income, rentals, dimensions, areas, zoning and permits."
-
81.4%
$760K
3.3%
-
-$20,468
3.1%
2.3%
-15.3%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$800,000
Stamp Duty
$30,735
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$80,000
Reg. Mortgage
$164
LMI Premium
$20,600
Renovation Costs
-
Total Cash/Equity Required
$133,695
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$24,960
$35,526
Property Management
+7.7% PA
$1,922
$2,735
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
$18,280
$26,582
Interest Repayments
$47,520
$47,520
Net Cashflow Before Tax
-$29,240
-$20,938
Depreciation
-
-
Tax Offset
-$8,772
-$6,281
Net Cashflow After Tax
-$20,468
-$14,656
Assumptions
Year 1
Year 10
Property Value
6.8%
$854,400
$1,544,552
Loan Balance
I.O
$720,000
$720,000
$134,400
$824,552
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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