Withheld
$18,656
"Area 947m2 Residence Built in the 1980 era this comfortable family home is in original condition. Newly painted with blinds and curtain this home is ready to move in and enjoy. An ideal first home for the young family or an investor. Comprising three 3 bedrooms. All bedrooms have built in robes and the main has an ensuite and overhead fan. The spacious living area is open plan and has an adjoining sunroom overlooking the inground pool. A new split system heats and cools this area plus gas heating and bayonet point. The original kitchen offers an abundance of bench space and cupboards. Gas cooking and a large pantry as well. The adjoining meals has a sliding door to rear verandah. Twoway family bathroom and separate toilet and wellappointed laundry complete this home. Garden and surrounds The garden and surrounds are low maintenance and a blank canvass for the next owner. A feature of the property is a well fenced salt chlorinated in ground pool. Fully tiled and in excellent order. Shedding The large lock up shedding has room for four 4 cars plus a workshop area. Concrete floors, power and a mechanics pit are extra features. Extra shedding is a lock up garden shed with concrete floor plus 5kWs of solar power Water Reliable Bore, Mains water and rainwater Agents Remarks Ideal opportunity to purchase a neat and tidy property on a large allotment in the vibrant Howlong township. Close to all amenities, recreational, medical and shopping. First Home buyers, retirees or investors alert. Move in and enjoy or rental"
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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
-
75.9%
$487K
4.8%
-
-$9,292
4.3%
3.2%
-12.2%
6.0%
Asking Price
$480,000
Estimated Purchase Price
$480,000
Stamp Duty
$16,335
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$48,000
Reg. Mortgage
$164
LMI Premium
$9,583
Renovation Costs
-
Total Cash/Equity Required
$76,277
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
$28,512
$28,512
Net Cashflow Before Tax
-$13,274
-$6,354
Depreciation
-
-
Tax Offset
-$3,982
-$1,906
Net Cashflow After Tax
-$9,292
-$4,448
Assumptions
Year 1
Year 10
Property Value
6.8%
$512,640
$926,731
Loan Balance
I.O
$432,000
$432,000
$80,640
$494,731
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