$745K
$124,304
Confidence
High
High
$780,000
Medium
$745,000
Low
$700,000
Confidence
Medium
"This charming 4bedroom brick and tile home in Millfield is a fantastic find for families seeking comfort and modern living. With only eight months since its construction, this property features a spacious main bedroom complete with an ensuite and walkin robe, while the other three bedrooms are equipped with builtin robes. The centrally located main bathroom includes a separate shower and bath, making it convenient for family use. The heart of the home is the openplan living area that seamlessly connects the dining, living, and kitchen spaces. With ceiling fans and tiled flooring, this area is both stylish and functional, The kitchen is a true highlight, boasting Caesarstone benchtops, an island bench, ample storage, and stainless steel appliances, it is designed for both everyday meals and entertaining guests. Outside, the property is equally impressive, featuring a double lockup garage and a fully fenced low maintenance yard, Two alfresco entertaining areas, including one undercover, provide the perfect setting for gatherings with family and friends, This home truly offers a delightful blend of comfort, style, and practicality, making it an ideal choice for any family Property Quick Facts Newly built home with double garage 4 bedroom, main with ensuite and walk in robes, built in robes to all other bedrooms Ducted Air conditioning and ceiling fan Open plan living area Fully fenced 809Sqm yard Council rates 1200.18 approx. pa Water Rates 1,342.44 approx. pa For more information on this home, please contact Bryce and the sales team at LJ Hooker Cessnock 40506000."
-
84.7%
-
-
-
-$15,688
3.8%
2.9%
-12.6%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$745,000
Estimated Purchase Price
$745,000
Stamp Duty
$28,260
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$74,500
Reg. Mortgage
$164
LMI Premium
$19,184
Renovation Costs
-
Total Cash/Equity Required
$124,304
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
$1,179
$1,538
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
$21,842
$31,628
Interest Repayments
$44,253
$44,253
Net Cashflow Before Tax
-$22,411
-$12,625
Depreciation
-
-
Tax Offset
-$6,723
-$3,788
Net Cashflow After Tax
-$15,688
-$8,838
Assumptions
Year 1
Year 10
Property Value
6.8%
$795,660
$1,438,364
Loan Balance
I.O
$670,500
$670,500
$125,160
$767,864
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2021 Population
Suburbs
Accommodation and Food Services - 16.0%
Retail Trade - 12.0%
Health Care and Social Assistance - 12.0%
Education and Training - 9.0%
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