$690K
-
Confidence
High
High
$1,470,000
Medium
$1,350,000
Low
$1,220,000
Confidence
Medium
"Discover this beautifully manicured 3bedroom freestanding brick home, perfectly situated in a serene Elermore Vale neighbourhood. Offering close proximity to Elermore Vale Public School, Elermore Vale Shopping Centre, and John Hunter Hospital, this property is the epitome of convenience and comfort. The spacious openplan living and dining area is the heart of the home, featuring an updated kitchen equipped with modern appliances, including a dishwasher, and a delightful plant bay window. Elegant bamboo flooring extends through the kitchen, hallway, and living areas, enhancing the homes stylish appeal. Comfort is ensured with split system air conditioning in the living room and master bedroom, complemented by ceiling fans and builtin robes in all bedrooms. The master bedroom boasts a private ensuite, adding a touch of luxury to this charming home. Step outside to enjoy a serene and peaceful courtyard, perfect for relaxation or entertaining guests. The property also features a genuine double garage with internal access, providing secure and convenient storage for your vehicles. This charming home is a fantastic opportunity for those seeking a peaceful and convenient lifestyle. Make it yours today Updated kitchen with dishwasher, and plant bay window. Bamboo flooring in the kitchen, hallway, and living areas Split system air conditioning in the living room and master bedroom. Double garage with internal access. Strata Approx 820qtr Rates Approx 405qtr Rent 620 660"
4%
77%
$893K
3.2%
$20,000
-$37,838
2.4%
1.9%
-16.5%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$1,330,000
Stamp Duty
$56,205
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$133,000
Reg. Mortgage
$164
LMI Premium
$37,583
Renovation Costs
-
Total Cash/Equity Required
$229,148
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$32,240
$45,888
Property Management
+7.7% PA
$2,482
$3,533
Rates
+3.0% PA
$1,433
$1,870
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
$24,948
$36,078
Interest Repayments
$79,002
$79,002
Net Cashflow Before Tax
-$54,054
-$42,924
Depreciation
-
-
Tax Offset
-$16,216
-$12,877
Net Cashflow After Tax
-$37,838
-$30,047
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,441,800
$2,606,431
Loan Balance
I.O
$1,197,000
$1,197,000
$244,800
$1,409,431
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2021 Population
Suburbs
Health Care and Social Assistance - 19.0%
Education and Training - 9.0%
Accommodation and Food Services - 8.0%
Retail Trade - 8.0%
Others - 56.0%
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