Withheld
$238,311
Confidence
High
High
$1,590,000
Medium
$1,470,000
Low
$1,350,000
Confidence
Medium
"Nestled in a private culdesac, this charming family home offers space and natural light in abundance, inviting you to embrace its endless potential whilst enjoying beautiful treetop views. Offering a flexible floorplan yet allowing scope to modernise and add value, the interiors boast high ceilings and hardwood flooring throughout. Multiple living and dining spaces create an abundance of space whilst the separate studioteen retreat is perfect for multigenerational living or a work from home space. Features include Four bedrooms, main with builtin robe. Updated kitchen with stainless steel appliances and plenty of cupboardbench space. Open plan lounge and dining area with a beautiful leafy outlook. An additional studioteen retreat downstairs to cater to the growing family. Upstairs balcony flows effortlessly off loungedining room. Large lockup garage with additional storage space. Multiple outdoor areas, perfect for kids of all ages. Both bathrooms updated, main with combined showerbath. Hardwood timber floors throughout. Located in one of Padstow Heights best streets, only moments to local parks, shops, and transport, this home provides an increasingly rare opportunity to claim your future in an everpopular marketplace."
-
81.8%
$1.58M
3%
$20,000
-$34,868
3.0%
2.5%
-13.9%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$1,450,000
Stamp Duty
$62,805
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$145,000
Reg. Mortgage
$164
LMI Premium
$40,974
Renovation Costs
-
Total Cash/Equity Required
$251,139
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$44,200
$62,910
Property Management
+7.7% PA
$3,403
$4,844
Rates
+3.0% PA
$1,101
$1,437
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
$36,319
$52,224
Interest Repayments
$86,130
$86,130
Net Cashflow Before Tax
-$49,811
-$33,906
Depreciation
-
-
Tax Offset
-$14,943
-$10,172
Net Cashflow After Tax
-$34,868
-$23,735
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,569,960
$2,838,114
Loan Balance
I.O
$1,305,000
$1,305,000
$264,960
$1,533,114
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2021 Population
Suburbs
Manufacturing - 13.0%
Health Care and Social Assistance - 13.0%
Retail Trade - 10.0%
Construction - 9.0%
Others - 55.0%
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