Withheld
$95,276
Confidence
High
High
$620,000
Medium
$600,000
Low
$580,000
Confidence
High
"Welcoming you in with an elevated timber deck, this Millfield masterpiece will tick all the boxes for young families, first home buyers, active retirees and investors This four bedroom home offers split system air and slow combustion fireplace to the open plan living area for year round comfort with versatile and neat interiors. Double French style glass doors lead to a spacious and private entertaining deck suitable for use in all weather. Located on a fenced and flawless 1012sqm with just 500ms to Millfield Store and 1.2kms to Millfield Public School and only 12kms to Cessnock cafesshopping at the gateway to Wollombi Valley and Hunter Vineyards. Tidy turnkey four bedroom in sought after Millfield Open plan kitchen with electric cooking and dishwasher Open livingdining with slow combustion fireplace and split system air con Four bedrooms with SS air con to main and additional ensuite access Double French glass style doors leading out to an extra large entertainers deck Fully fenced 1,012sqm with aviaries and garden shed Located just 500ms to Millfield Store and 1.2kms to Millfield Public School Only 12kms to Cessnock cafesshopping At the gateway to Wollombi Valley and Hunter Valley Vineyards"
-
84.7%
-
-
-
-$13,018
3.9%
2.8%
-13.1%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$600,000
Estimated Purchase Price
$600,000
Stamp Duty
$21,735
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$60,000
Reg. Mortgage
$164
LMI Premium
$15,450
Renovation Costs
-
Total Cash/Equity Required
$99,545
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
$1,179
$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
$17,042
$24,796
Interest Repayments
$35,640
$35,640
Net Cashflow Before Tax
-$18,598
-$10,844
Depreciation
-
-
Tax Offset
-$5,579
-$3,253
Net Cashflow After Tax
-$13,018
-$7,591
Assumptions
Year 1
Year 10
Property Value
6.8%
$640,800
$1,158,414
Loan Balance
I.O
$540,000
$540,000
$100,800
$618,414
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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