$895K
$131,134
Confidence
High
High
$900,000
Medium
$850,000
Low
$800,000
Confidence
Medium
"Located in an elevated area of Manyana is this quaint two bedroom beach cottage on a larger than average 688sqm allotment. The home features an open plan lounge, dining and kitchen area with rear deck ideal for those summer BBQs. Walk to the waterways and spend your days lazing around on the pristine beaches and lakes watching the wildlife at play. Its only a short stroll to the soccer field, tennis courts and skate park making this the perfect holiday home. There is a combined laundry and bathroom with shower and toilet. The living areas are tiled with carpet in both bedrooms. A Reverse Cycle Air Conditioning unit located in the lounge room can service the entire home keeping you warm in winter and cool in summer. The back yard is north facing and fully fenced and very private. The property also features a 7m x 6m colourbond shed ideal to house the cars, boat or toys. The house is located at the rear of the block allowing for expansion towards the street. Both Bendalong Store Cafe and Cunjurong Cafe are only a short drive by car. If you are looking for a holiday home or permanent residence this could be the one for you. To arrange an inspection of this property please call the Exclusive Marketing Agents at Ray White BendalongManyana on 02 4456 1500."
-
90.3%
$815K
2.9%
$65,000
-$20,727
3.0%
2.2%
-15.8%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$895,000
Estimated Purchase Price
$785,000
Stamp Duty
$30,060
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$78,500
Reg. Mortgage
$164
LMI Premium
$20,214
Renovation Costs
-
Total Cash/Equity Required
$131,134
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
$1,202
$1,568
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
$17,019
$24,766
Interest Repayments
$46,629
$46,629
Net Cashflow Before Tax
-$29,610
-$21,863
Depreciation
-
-
Tax Offset
-$8,883
-$6,559
Net Cashflow After Tax
-$20,727
-$15,304
Assumptions
Year 1
Year 10
Property Value
6.8%
$907,800
$1,641,086
Loan Balance
I.O
$706,500
$706,500
$201,300
$934,586
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2021 Population
Suburbs
Health Care and Social Assistance - 16.0%
Retail Trade - 13.0%
Accommodation and Food Services - 10.0%
Public Administration and Safety - 10.0%
Others - 51.0%
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