$680K
$101,252
Confidence
High
High
$930,000
Medium
$880,000
Low
$830,000
Confidence
High
"Macquarie Hills is loved for its peaceful, familyfriendly location and proximity to the lakeside suburb of Warners Bay, while its a short drive to Cardiff and Glendale for all the essentials. This three bedroom home will tick a lot of boxes for a range of buyers with its low maintenance appeal, super functional layout, and elevated leafy views, best enjoyed from the covered deck at the rear. A versatile studio on the lower level, with second bathroom, is perfect for a home office, a peaceful retreat for a young adult, or even guest accommodation. Inside, the open plan living area and kitchen extend effortlessly to alfresco entertaining, while the sleeping quarters are grouped together with the bathroom for privacy and functionality. Split system ac and ceiling fans keeps things comfortable. A substantial 21 panel solar rooftop system helps to keep those bills in check. Central to so many lifestyle attractions, Macquarie Hills is little more than a five minute drive from a selection of schools, Cardiff station and Cardiffs everexpanding CBD. When the weekend comes around enjoy brunch by the lake at Speers Point or Warners Bay before embarking on a walk or bike ride along the foreshore or heading out for a funfilled day on the water. Dual level home on 525sqm block with northeasterly aspect Gated tandem carport with plus additional parking on driveway Open plan dining and kitchen appointed with a stainless steel electric stove Airconditioned lounge room connects to allweather alfresco entertaining Two of the three bedrooms are fitted with builtin robes, ceiling fans to all, main with ac Bathroom with bathtub, shower, updated vanity, separate wc Versatile lower level retreat with second bathroom Cardiff Public School 1600m, St Kevins Primary 2.6km, Cardiff High 3.4km Newcastle Interchange 13km, M1 Pacific Motorway 11.3km, Bar Beach 15km This information has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly, all interested parties should make their own enquiries to verify the information."
-
90%
$780K
4.3%
$235,000
-$11,671
4.4%
3.4%
-10.9%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$695,000
Estimated Purchase Price
$645,000
Stamp Duty
$23,760
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$64,500
Reg. Mortgage
$164
LMI Premium
$16,609
Renovation Costs
-
Total Cash/Equity Required
$107,229
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
$1,381
$1,802
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
$21,640
$31,364
Interest Repayments
$38,313
$38,313
Net Cashflow Before Tax
-$16,673
-$6,949
Depreciation
-
-
Tax Offset
-$5,002
-$2,085
Net Cashflow After Tax
-$11,671
-$4,864
Assumptions
Year 1
Year 10
Property Value
6.8%
$939,840
$1,699,007
Loan Balance
I.O
$580,500
$580,500
$359,340
$1,118,507
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2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 14.0%
Construction - 9.0%
Education and Training - 9.0%
Others - 50.0%
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