$680K
$113,205
"Discover your dream home in this stunning modern residence situated on a sprawling 2023m block. This beautifully designed property offers the perfect blend of elegance, comfort, and space, making it an ideal choice for families seeking a luxurious lifestyle. Embrace ample living space with generously proportioned bedrooms, complete with builtin robes. The master bedroom indulges you with a walkin robe for added convenience and opulence. Experience modernity and sleekness in the bathrooms, offering contemporary fixtures and finishes that promise a spalike ambiance. Seamlessly connect within the expansive living area, perfect for entertaining guests or unwinding with family. Retreat to either of the two lounge areas, versatile spaces accommodating various activities and entertainment. Designed with the discerning home chef in mind, the kitchen boasts highquality appliances and abundant storage. Discover a separate unit from the main house, currently serving as an office but easily adaptable into an additional bedroom, offering flexibility to suit your needs. Entertain in style under the covered area, complete with a bar and wood fireplace, providing the perfect setting for gatherings and yearround enjoyment. Safeguard your vehicles effortlessly in the spacious double lockup garage. Enjoy yearround comfort with ducted heating and cooling throughout the home, complemented by gas heating in a separate lounge. Seize this rare opportunity to own a modern masterpiece boasting exceptional features on a generous block. Contact us now to arrange a viewing and immerse yourself in the luxury and convenience this property epitomizes"
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Location, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
2021 Population
Suburbs
Agriculture, Forestry and Fishing - 19.0%
Manufacturing - 17.0%
Accommodation and Food Services - 12.0%
Retail Trade - 8.0%
Others - 44.0%
Average Income
Average Population
projected
for 2024 to 2026
Average Days of Supply
-
85.4%
$585K
3.9%
-$165,000
-$18,231
3.0%
2.2%
-15.8%
6.0%
Asking Price
$695,000
Estimated Purchase Price
$695,000
Stamp Duty
$26,010
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$69,500
Reg. Mortgage
$164
LMI Premium
$17,896
Renovation Costs
-
Total Cash/Equity Required
$115,766
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$20,800
$29,605
Property Management
+7.7% PA
$1,602
$2,280
Rates
+3.0% PA
$583
$761
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
$15,238
$22,158
Interest Repayments
$41,283
$41,283
Net Cashflow Before Tax
-$26,045
-$19,125
Depreciation
-
-
Tax Offset
-$7,813
-$5,737
Net Cashflow After Tax
-$18,231
-$13,387
Assumptions
Year 1
Year 10
Property Value
6.8%
$566,040
$1,023,266
Loan Balance
I.O
$625,500
$625,500
-$59,460
$397,766
Did you know you need to engage a conveyancer when buying a property?
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