Withheld
$94,422
Confidence
High
High
$1,900,000
Medium
$1,800,000
Low
$1,700,000
Confidence
Medium
"This home has been in the same family for generations, a true gem in the market. Proudly offered for the first time in 85 years. This muchloved original family home is quietly tucked away in this culdesac residential enclave waiting to be rejuvenated enhanced. Double brick, the home sits on a 446sqm land parcel, boasting original character features which offers everything now and opportunity for later. Ideal for a growing family seeking extra living space and secure storage, this home offers both room and potential rarely found in freestanding properties. Property Features Double brick freestanding home in wide tree lined street Attached selfcontained granny flatretreat Four spacious bedrooms plus a sunroom, offering versatile living arrangements Three distinct living areas and two fully equipped kitchens, ideal for multigenerational living or entertaining. Quiet, familyfriendly neighborhood with minimal traffic, offering peace and privacy Generous space for potential extensions or outdoor living areas driveway leading to carport Separate laundry, workshop, and a spacious underhouse area for storage or potential mancaveretreat use Untapped Potential, ready for rejuvenation, this property presents a unique opportunity to create your dream home Ready for rejuvenation, this property presents a unique opportunity to create your dream home Direct access to the Lakes Golf Club, with nearby shops, parks, and toprated schools within easy reach Situated with direct access to the Lakes Golf Club and just a short stroll from local shops, youll find yourself conveniently close to efficient public transportation, nearby parks, and highly regarded local schools. This property presents a rare opportunity to create your dream home in a cherished location. Disclaimer All information contained herein is gathered from sources we believe reliable. We have no reason to doubt its accuracy, however we cannot guarantee it. All interested parties should make and rely upon their own enquiries."
4%
80.1%
-
-
$25,000
-$36,564
3.5%
3.0%
-11.8%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$1,775,000
Stamp Duty
$80,680
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$177,500
Reg. Mortgage
$164
LMI Premium
$50,158
Renovation Costs
-
Total Cash/Equity Required
$310,697
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
$1,018
$1,328
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
$53,200
$76,241
Interest Repayments
$105,435
$105,435
Net Cashflow Before Tax
-$52,235
-$29,194
Depreciation
-
-
Tax Offset
-$15,670
-$8,758
Net Cashflow After Tax
-$36,564
-$20,435
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,922,400
$3,475,242
Loan Balance
I.O
$1,597,500
$1,597,500
$324,900
$1,877,742
Below are some similar properties in the area you may be interested in.
Location, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
2021 Population
Suburbs
Others - 100.0%
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