$1.55M
$241,060
Confidence
High
High
$2,250,000
Medium
$2,100,000
Low
$1,950,000
Confidence
High
"Boasting a rare configuration on a generous block, this unique property presents an exceptional opportunity for renovators or those with a vision for generational living. Movein ready with scope for a modern transformation, its ideally located just a short walk from the village centre. 3 bedroom home on a large 232.3sqm block Timber flooring, wood panelling, split aircon 3 beds w robes, separate study, gas cooking 2 x full bathrooms and 2 x laundry facilities Sunny NE courtyard, 3x covered car spaces Buses outside and 130m to DGrove lightrail 450m walk to DHill village shops eateries Movein ready with scope to renovate STCA Water 173 pq Council 420 pq"
0.9%
51.6%
-
-
$30,000
-$48,919
3.0%
2.6%
-13.4%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$2,070,000
Stamp Duty
$96,905
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$207,000
Reg. Mortgage
$164
LMI Premium
$58,494
Renovation Costs
-
Total Cash/Equity Required
$364,759
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$62,400
$88,815
Property Management
+7.7% PA
$4,805
$6,839
Rates
+3.0% PA
$1,144
$1,493
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
$53,074
$76,077
Interest Repayments
$122,958
$122,958
Net Cashflow Before Tax
-$69,884
-$46,881
Depreciation
-
-
Tax Offset
-$20,965
-$14,064
Net Cashflow After Tax
-$48,919
-$32,817
Assumptions
Year 1
Year 10
Property Value
6.8%
$2,242,800
$4,054,449
Loan Balance
I.O
$1,863,000
$1,863,000
$379,800
$2,191,449
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2021 Population
Suburbs
Health Care and Social Assistance - 13.0%
Retail Trade - 11.0%
Accommodation and Food Services - 9.0%
Education and Training - 9.0%
Others - 58.0%
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