Withheld
$405,992
Confidence
High
High
$2,450,000
Medium
$2,350,000
Low
$2,250,000
Confidence
Medium
"With an abundance of space and convenience in this popular Frenchs Forest location, this home was built with family life in mind. Providing easy living over two levels, the upper floor retreat has two spacious bedrooms and shared full bathroom, while the lower floor provides large open living spaces and more bedrooms, giving room enough for all Enter the house to find a grand lounge and dining area with a massive skylight, looking out to the front yard with an established tree for a leafy outlook. Chat to your guests from your kitchen adjacent to a huge casual dining area while overlooking the backyard. The flexible family room is great for a rumpus, entertaining or television area, or an enviable home office space. There are plenty of private zones for all members of the family, and all four bedrooms are generously sized, with the versatile floor plan allowing an additional fifth bedroom or study. Just in time for summer and those famous Aussie BBQs, take advantage of the outdoor area and peaceful retreat on offer, with this entertaining area protected by a huge pergola overlooking the large inground pool. Featuring a workshopstorage room located at the back of the detached double garage youll have the perfect place to tinker on those extra jobs Only 550m to The Forest High School, 300m to Forestway Shopping Centre, and with a bus stop within metres of your door to the city or one of the fantastic beaches nearby, this is your opportunity to secure a prominent position within leafy Frenchs Forest. Ready to move in now but with scope to improve and add your personal touch, there is a huge opportunity to transform this into your forever home. Call Sandra to find out more about this great home. Disclaimer All information contained herewith, including but not limited to the general property description, price and address, is provided to Ratcliff Mathews Real Estate by third parties. We have obtained this information from sources we believe to be reliable however, we cannot guarantee its accuracy. The information contained herewith should not be relied upon and you should make your own enquiries and seek advice in respect of this property or any property on this website."
-
62.8%
$2.25M
2.5%
$175,000
-$43,404
3.6%
3.1%
-11.3%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$2,350,000
Estimated Purchase Price
$2,175,000
Stamp Duty
$102,680
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$217,500
Reg. Mortgage
$164
LMI Premium
$61,461
Renovation Costs
-
Total Cash/Equity Required
$384,001
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$78,000
$111,018
Property Management
+7.7% PA
$6,006
$8,548
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
$67,190
$96,202
Interest Repayments
$129,195
$129,195
Net Cashflow Before Tax
-$62,005
-$32,993
Depreciation
-
-
Tax Offset
-$18,602
-$9,898
Net Cashflow After Tax
-$43,404
-$23,095
Assumptions
Year 1
Year 10
Property Value
6.8%
$2,509,800
$4,537,121
Loan Balance
I.O
$1,957,500
$1,957,500
$552,300
$2,579,621
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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