$445K
$66,379
"This neat and tidy brick home offers comfortable and convenient living in a lowmaintenance setting. Situated on a manageable 380m block, this 3bedroom, 1bathroom property with a second shower is perfect for families, firsttime buyers, or investors looking for a great opportunity. The 3 Bedrooms are all generously sized, providing ample space for family or guests. FUll family bathroom plus additional shower The second shower adds extra convenience, making busy mornings a breeze. OpenPlan Living A spacious, lightfilled layout seamlessly combines living, dining, and kitchen areas, offering the perfect setting for everyday living and entertaining. Separate Dining Lounge Areas Enjoy the luxury of distinct spaces for dining and relaxation. Split system for all year round comfort and also an electric Heater. Ceiling Fans Fitted throughout the home, ensuring comfort during warmer months. Undercover Outdoor Entertaining Step outside to a fantastic covered area, complete with ceiling fans, ideal for hosting friends and family yearround. BuiltIn Robes BIR Convenient storage in the bedrooms adds to the homes functionality. LowMaintenance Block The easycare 380m block is ideal for those seeking a fussfree lifestyle without compromising on space. This home combines comfort, functionality, and style in a desirable location. Dont miss your chance to secure this fantastic property perfect for families, downsizers, or investors alike"
-
69.6%
$525K
4.8%
$40,000
-$5,325
5.5%
4.2%
-7.9%
6.0%
Asking Price
$445,000
Estimated Purchase Price
$425,000
Stamp Duty
$13,860
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$42,500
Reg. Mortgage
$164
LMI Premium
$8,485
Renovation Costs
-
Total Cash/Equity Required
$67,204
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
Rates
+3.0% PA
$583
$761
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
$17,638
$25,574
Interest Repayments
$25,245
$25,245
Net Cashflow Before Tax
-$7,607
$329
Depreciation
-
-
Tax Offset
-$2,282
$99
Net Cashflow After Tax
-$5,325
$230
Assumptions
Year 1
Year 10
Property Value
6.8%
$496,620
$897,771
Loan Balance
I.O
$382,500
$382,500
$114,120
$515,271
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 19.0%
Manufacturing - 17.0%
Accommodation and Food Services - 12.0%
Retail Trade - 8.0%
Others - 44.0%
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