$1.97M
$310,698
Confidence
High
High
$2,500,000
Medium
$2,350,000
Low
$2,200,000
Confidence
Medium
"Step into the comfort of this beautifully presented family home with abundant accommodation for the family to enjoy. Boasting generous living spaces and a huge, undercover alfresco entertaining area overlooking the sparkling inground pool. This home is ready to move into and enjoy the lifestyle. Just moments from a selection of local Primary High Schools, Glenrose Forest Way Shopping Centres and local Sorlie Road shops and cafes This home offers the perfect blend for a convenient lifestyle. Features A spacious open plan layout with ample room for relaxation, entertainment, and family gatherings. The good size gas kitchen is central to the living and outdoor areas makes entertaining a breeze Three double size bedrooms, the master suite is a parents retreat with ensuite, sitting area and wet bar easily converted back to 4 bedrooms. Builtin robes in all bedrooms The large full width balcony overlooks the sundrenched inground pool an ideal space for the Sunday bbqs or yearround enjoyment and entertaining. Second undercover deck area Follow the sun or escape the sun all year round Huge lockup garage with additional workshop and storage spaces plus double carport The pool is a magnesium pool with heat pump and new salt water chlorinator. Solar electricity was installed for the whole house on the roof in July 2023 Ample space for kids or pets to run around with a 740sqm block Located in a soughtafter neighbourhood with toprated schools, parks, and shopping close by. This is an excellent home for a young family"
-
86.8%
$2.15M
4.2%
$35,000
-$64,343
2.4%
2.0%
-15.7%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$2,315,000
Stamp Duty
$110,380
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$231,500
Reg. Mortgage
$164
LMI Premium
$65,417
Renovation Costs
-
Total Cash/Equity Required
$409,657
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$54,600
$77,713
Property Management
+7.7% PA
$4,204
$5,984
Rates
+3.0% PA
$1,427
$1,862
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
$45,592
$65,461
Interest Repayments
$137,511
$137,511
Net Cashflow Before Tax
-$91,919
-$72,050
Depreciation
-
-
Tax Offset
-$27,576
-$21,615
Net Cashflow After Tax
-$64,343
-$50,435
Assumptions
Year 1
Year 10
Property Value
6.8%
$2,509,800
$4,537,121
Loan Balance
I.O
$2,083,500
$2,083,500
$426,300
$2,453,621
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2021 Population
Suburbs
Retail Trade - 13.0%
Health Care and Social Assistance - 13.0%
Professional, Scientific and Technical Services - 10.0%
Accommodation and Food Services - 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