Withheld
$139,671
Confidence
Medium
High
$880,000
Medium
$850,000
Low
$820,000
Confidence
Medium
"With its easycare interior and relaxed vibe, this light and airy property offers a flexible haven between the beauty of the lake and the buzzing hub of Cardiff CBD. Delivering everything a young family, retiree or savvy investor needs and more, its wellplanned layout provides plenty of comfort within its threebedroom footprint. Stylishly presented from fronttoback, this muchloved home offers a spacious living and dining zone and a separate family room for flexibility of social areas. The kitchen is wellequipped and ready to inspire the home cook, and though an original, the bathroom has been perfectly preserved over its lifespan. Lovers of outdoor living will find refuge in the generous yard where there is plenty of space for childrens play equipment or room to add more gardens if youre an enthusiastic green thumb. A sunny alfresco setting and a double garage with drivethrough access keep the highlights list rolling. Locationwise, Macquarie Hills is a quiet suburb central to everything. In around 5 minutes you can be sipping your latte or enjoying a weekend brunch in lakeside Warners Bay, or within 10 minutes be shopping at Costco, Bunnings or Stockland Glendale. The John Hunter Hospital is nearby for peace of mind and if the coast beckons, youll be unrolling your towel at Redhead Beach in under 20 minutes. Citybound bus transport and quality schools and childcare are also within easy reach. Quality home staged over a generous single level and placed upon a level 666.2sqm parcel Attached double garage benefits from a single drivethrough bay Neat kitchen featuring a wall oven and a clear view across the backyard Tiled family and dining space plus a carpeted lounge room, all serviced by splitsystem air conditioning Three carpeted bedrooms, the main boasting a walkthrough robe and access to the threeway bathroom Near great schools, shopping hubs and all the attractions of Lake Macquarie Disclaimer We have obtained this property information from sources we believe to be reliable however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations."
-
88%
$805K
4.1%
$15,000
-$17,892
3.7%
2.9%
-12.8%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$835,000
Stamp Duty
$32,310
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$83,500
Reg. Mortgage
$164
LMI Premium
$21,502
Renovation Costs
-
Total Cash/Equity Required
$139,671
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+7.7% PA
$2,402
$3,419
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
$24,040
$34,780
Interest Repayments
$49,599
$49,599
Net Cashflow Before Tax
-$25,559
-$14,819
Depreciation
-
-
Tax Offset
-$7,668
-$4,446
Net Cashflow After Tax
-$17,892
-$10,373
Assumptions
Year 1
Year 10
Property Value
6.8%
$907,800
$1,641,086
Loan Balance
I.O
$751,500
$751,500
$156,300
$889,586
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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