$1.08M
$162,723
Confidence
High
High
$985,000
Medium
$950,000
Low
$915,000
Confidence
Moderate
"With front row seats to Lake Macquarie, this home enjoys grandstand views from almost every room in the house. Presented immaculately, just move in and enjoy this premium position. The property boasts triple street access with frontage on Sealand Rd, Fallside St Alkrington Ave. This creates fantastic privacy, natural light, great parking and huge opportunity. With a large back yard ideal for kids and pets, it will also be suitable for a second dwelling or large parking facility STCA. Whether you are looking for a highquality family home or a high end dual occupancy opportunity, this is the home for you. The home features upgraded kitchen, modern bathroom and an open plan design all on the main floor of the house, with the ability to live all on one level. Plus a large rumpus, two bedrooms and bathroom upstairs. PROPERTY HIGHLIGHTS Panoramic lake views Triple street access Potential for second dwelling Pool Double garage Room to park boatcaravan Open flowing floorplan Wrap around balcony Modern kitchen Stunning bathroom Multiple living areas Formal and informal dining Close to boat ramp park 2km to Rathmines School and shops The information contained herein has been provided by people we believe to be reliable, however all interested parties must rely on their own enquiries."
-
78.2%
$1.08M
3.3%
$930,000
+
169.0%
132.2%
358.6%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$19,090
Estimated Purchase Price
$20,000
Stamp Duty
$260
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$2,000
Reg. Mortgage
$164
LMI Premium
$309
Renovation Costs
-
Total Cash/Equity Required
$4,928
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
$1,381
$1,802
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
$26,439
$38,196
Interest Repayments
$1,188
$1,188
Net Cashflow Before Tax
$25,251
$37,008
Depreciation
-
-
Tax Offset
$7,575
$11,102
Net Cashflow After Tax
$17,676
$25,905
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,014,600
$1,834,155
Loan Balance
I.O
$18,000
$18,000
$996,600
$1,816,155
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2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 14.0%
Construction - 9.0%
Education and Training - 9.0%
Others - 50.0%
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