$490K
$77,927
"This comfortable family home, located in a quiet court near sporting facilities and Howlong Public School, offers a range of desirable features. The property includes 4 Bedrooms Ideal for a family, providing ample space for everyone. Spacious LoungeDining Area An open and inviting space for family gatherings and entertaining. Renovated Kitchen Equipped with plenty of drawers and cupboards, a dishwasher, and a 900mm stainless steel cooktop, making meal preparation a breeze. Renovated Bathroom Tastefully updated for a modern feel. Climate Control Ducted evaporative cooling and ducted gas heating ensure comfort throughout the year. The exterior features add even more value 1000m2 14 Acre Block A large, secure yard perfect for children and pets to play safely. Double Carport Convenient covered parking for vehicles. Raised Deck Area Ideal for outdoor dining and relaxation. 6m x 9m Powered Shed This versatile space includes a home office and mezzanine storage area, perfect for hobbies or a home business. Backs onto Parkland Providing a peaceful and scenic backdrop. Rear Yard Access Enhances the propertys accessibility and usability. This home offers a blend of comfort, convenience, and space, making it a great option for family living. Properties like this are in high demand so get in quick. Contact us to arrange a private inspection today."
Below are some similar properties in the area you may be interested in.
-
71.3%
$549K
4.3%
$35,000
-$8,027
4.8%
3.6%
-10.3%
6.0%
Asking Price
$490,000
Estimated Purchase Price
$490,000
Stamp Duty
$16,785
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$49,000
Reg. Mortgage
$164
LMI Premium
$9,782
Renovation Costs
-
Total Cash/Equity Required
$77,927
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
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
$17,638
$25,574
Interest Repayments
$29,106
$29,106
Net Cashflow Before Tax
-$11,468
-$3,532
Depreciation
-
-
Tax Offset
-$3,440
-$1,060
Net Cashflow After Tax
-$8,027
-$2,472
Assumptions
Year 1
Year 10
Property Value
6.8%
$560,700
$1,013,612
Loan Balance
I.O
$441,000
$441,000
$119,700
$572,612
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewLocation, 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