$1.25M
$192,010
Confidence
High
High
$1,590,000
Medium
$1,410,000
Low
$1,230,000
Confidence
Moderate
"If you love entertaining family and friends, this spacious home is absolutely made for it Adjacent to a treelined reserve, this beautiful family home offers multiple living areas, a contemporary kitchen and a brilliant covered alfresco area for allweather entertaining. With gated side access and a spacious backyard, its an ideal home in one of East Ballinas most familyfriendly neighbourhoods with a walkcycleway through to the beach plus close to schools and East Ballina shops. Enter through wide doubledoors to the impressive main living area Stylishly appointed with plantation shutters, AC and timber flooring Multiple living areas offer great flexibility for formalinformal entertaining Modern kitchen with gas cook top and quality appliances Ensuited main bedroom with walkin robe opens to a sunny timber deck Large covered alfresco area overlooks the private, fullyfenced yard Side access to backyard from reserve handy for boat or vehicle parking DISCLAIMER The information contained in the advertising of this property is based on information provided to the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters."
2.3%
85.3%
$1.05M
3.7%
$205,000
-$30,705
2.9%
2.3%
-14.9%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$1,300,000
Estimated Purchase Price
$1,205,000
Stamp Duty
$49,330
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$120,500
Reg. Mortgage
$164
LMI Premium
$34,051
Renovation Costs
-
Total Cash/Equity Required
$206,241
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$34,840
$49,588
Property Management
+7.7% PA
$2,683
$3,818
Rates
+3.0% PA
$1,067
$1,392
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
$27,713
$39,971
Interest Repayments
$71,577
$71,577
Net Cashflow Before Tax
-$43,864
-$31,606
Depreciation
-
-
Tax Offset
-$13,159
-$9,482
Net Cashflow After Tax
-$30,705
-$22,124
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,505,880
$2,722,273
Loan Balance
I.O
$1,084,500
$1,084,500
$421,380
$1,637,773
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2021 Population
Suburbs
Health Care and Social Assistance - 17.0%
Retail Trade - 13.0%
Education and Training - 10.0%
Accommodation and Food Services - 9.0%
Others - 51.0%
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