$150K
$25,425
"136 X INQUIRIES 115 X INSPECTIONS 25 X CONTRACTS 15 X REGISTERED 150,000 ABOVE RESERVE Discover the epitome of modern living in this stunningly designed home, where luxury and functionality merge seamlessly. Expertly crafted with toptier finishes and a sleek aesthetic, this property is a masterpiece in both form and function. Bathed in natural light thanks to its ideal northeasterly aspect, this home offers a magnificent space that is both impressive in scale and exquisite in appeal. Gourmet Kitchen Featuring a sleek design with a breakfast bar and stainlesssteel gas appliances. Master Retreat Luxurious master bedroom with an expansive walkin robe and a stylish ensuite. Outdoor Entertaining Enjoy a private alfresco area perfect for entertaining or relaxing. Spacious Living Multiple living areas spread across both levels, offering flexibility and comfort. Comfortable Bedrooms All bedrooms are wellappointed with builtin robes. Home Office Dedicated space for working from home, complemented with ducted air conditioning. Ample Parking Includes a single lockup garage with additional room for a boat or caravan. Versatile Storage An enormous 80sqm storage shed, ideal for car enthusiasts or as a workshop. Large land size Expansive 682.9sqm block with a generous 15.24m frontage Prime Location Situated within walking distance of Mortdales fantastic amenities. This home is a true sanctuary, perfect for those seeking luxury, space, and convenience in a prime location. Dont miss the opportunity to make this exceptional property your own. Disclaimer All information contained herein is gathered from sources we believe reliable. We have no reason to doubt its accuracy, however, we cannot guarantee it. All interested parties should make and rely upon their own enquiries."
-
78.9%
-
-
-$85,000
-$52,546
2.3%
1.9%
-16.3%
6.0%
Asking Price
$1,880,000
Estimated Purchase Price
$1,835,000
Stamp Duty
$83,980
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$183,500
Reg. Mortgage
$164
LMI Premium
$51,853
Renovation Costs
-
Total Cash/Equity Required
$321,693
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$41,600
$59,210
Property Management
+7.7% PA
$3,203
$4,559
Rates
+3.0% PA
$1,086
$1,417
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
$33,934
$48,827
Interest Repayments
$108,999
$108,999
Net Cashflow Before Tax
-$75,065
-$60,172
Depreciation
-
-
Tax Offset
-$22,520
-$18,051
Net Cashflow After Tax
-$52,546
-$42,120
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,869,000
$3,378,707
Loan Balance
I.O
$1,651,500
$1,651,500
$217,500
$1,727,207
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2021 Population
Suburbs
Health Care and Social Assistance - 24.0%
Education and Training - 9.0%
Retail Trade - 9.0%
Financial and Insurance Services - 7.0%
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