$1.05M
$172,114
"Yvonne Tseros from Richardson Wrench Erskine Park is proud to present 4 Whipbird Place Erskine Park to the market for sale This singlelevel family home is perfectly positioned walking distance to local schools and shops and boasts an impressive 859.8m2 block For families looking to upsize, this is the perfect house for you and an opportunity not to be missed Additional Features Include Covered front verandah Separate entry foyer area Large formal lounge dining with ornate cornices, airconditioning and builtin bar area Modern kitchen with bay window, stone benchtops, gas cooktop, pantry, rangehood and ample cupboard bench space Four generous sized bedrooms with two featuring airconditioning and three rooms with builtin wardrobes Ensuite to the main bedroom Three way family bathroom with separate bath and shower Linen cupboard Spacious family room informal dining with raked ceiling and sky window Gas heating bayonet to the living area Internal laundry store room with additional storage cabinets Enjoy entertaining with family and friends under the oversized covered entertaining area with view to the pool Just in time for summer Youll love cooling down in your very own inground pool Big grassy backyard perfect for the children and pets to run and play Garden shed Double lock up garage Solar panels Restored roof, updated gutters and downpipes Add to all of this the property is set in a quiet location and is close to schools, shops and more some of which include 1 minute walk to bus stop 110 m 2 minute walk to Skylark Cres Reserve 140 m 7 minute walk to ALDI 550 m 8 minute walk to Erskine Park Shopping Centre, caf, IGA, Chemist and more 550 m 9 minute walk to James Erskine Public School 650 m 3 minute drive to Erskine Park High School 1.7 km This is the perfect opportunity for families looking for their forever home, we look forward to meeting you at the open house inspection. For further information on this sensational property or to obtain a copy of the contract call Yvonne Tseros today on 0408 320 602."
-
72.1%
$1.19M
2.6%
$15,000
-$26,159
3.1%
2.5%
-14.5%
6.0%
Asking Price
-
Estimated Purchase Price
$1,075,000
Stamp Duty
$43,110
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$107,500
Reg. Mortgage
$164
LMI Premium
$27,682
Renovation Costs
-
Total Cash/Equity Required
$180,651
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,800
$48,108
Property Management
+7.7% PA
$2,603
$3,704
Rates
+3.0% PA
$1,336
$1,743
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
$26,484
$38,254
Interest Repayments
$63,855
$63,855
Net Cashflow Before Tax
-$37,371
-$25,601
Depreciation
-
-
Tax Offset
-$11,211
-$7,680
Net Cashflow After Tax
-$26,159
-$17,921
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,164,120
$2,104,452
Loan Balance
I.O
$967,500
$967,500
$196,620
$1,136,952
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2016 Population
Suburbs
Health Care and Social Assistance - 14.0%
Retail Trade - 12.0%
Education and Training - 10.0%
Construction - 9.0%
Others - 55.0%
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