$950K
$143,086
Confidence
High
High
$980,000
Medium
$955,000
Low
$920,000
Confidence
Medium
"This property features a classic brick veneer construction and offers 3 bedrooms. It has been freshly painted throughout, giving it a fresh and modern look. The interior boasts new floating timber floors, new blinds new wall oven enhancing the homes warmth. The layout includes a separate toilet for added convenience. Outside, theres side access, a lockup garage, providing secure parking and storage. Additionally, the property offers a generous space ideal for a granny flat subject to council approval, making it perfect for extended family living or potential rental income. Hilton Parkes Real Estate ONLINE enquiry policy All online enquiries received from this website require BOTH a day time phone number and email address. Incomplete enquiries will not be attended to. All information contained herein is gathered from sources we deem to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries. Disclaimer Every precaution has been taken to establish the accuracy of this information, The details should not be taken as a representation in any respect on the part of the vendor or its agent. Interested parties should contact the nominated person or office for full and current details."
1.9%
68.2%
$850K
3.4%
$75,000
-$21,187
3.3%
2.5%
-14.4%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$949,990
Estimated Purchase Price
$880,000
Stamp Duty
$34,335
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$88,000
Reg. Mortgage
$164
LMI Premium
$22,660
Renovation Costs
-
Total Cash/Equity Required
$147,355
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
Rates
+3.0% PA
$1,016
$1,326
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
$22,005
$31,840
Interest Repayments
$52,272
$52,272
Net Cashflow Before Tax
-$30,267
-$20,432
Depreciation
-
-
Tax Offset
-$9,080
-$6,129
Net Cashflow After Tax
-$21,187
-$14,302
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,019,940
$1,843,809
Loan Balance
I.O
$792,000
$792,000
$227,940
$1,051,809
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2021 Population
Suburbs
Retail Trade - 12.0%
Manufacturing - 10.0%
Transport, Postal and Warehousing - 10.0%
Health Care and Social Assistance - 10.0%
Others - 58.0%
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