$870K
$131,134
Confidence
High
High
$1,430,000
Medium
$1,370,000
Low
$1,310,000
Confidence
Moderate
"Welcome to 11 Kiama Street, Prestons a delightful 3bedroom family home that perfectly blends comfort and style. Nestled in a peaceful neighborhood, this property presents a fantastic opportunity for firsttime buyers, families, or investors looking to expand their portfolio. As you step inside, youll immediately feel at home in the inviting living room, where elegant hardwood flooring adds a touch of sophistication. The semi openplan design enhances the connectivity between the living, dining, and kitchen spaces, promoting a bright and airy atmosphere. This thoughtful layout not only maximizes natural light but also creates a warm environment perfect for everyday life and entertaining guests. The three generously sized bedrooms provide a peaceful retreat, each offering ample space for furniture and personal touches. Situated in the vibrant heart of Prestons, this home provides unparalleled convenience with its proximity to local amenities, schools, parks, and public transport. Whether youre a family seeking a friendly neighborhood or a professional looking for easy access to the city, this location meets all your needs. Dont miss your chance to claim this charming residence at 11 Kiama Street as your own. With its inviting atmosphere and ideal positioning, this home is ready to welcome you and your family. Take the first step toward making it yours today"
-
88.5%
$1.04M
5.5%
$20,000
-$39,124
2.3%
1.8%
-16.8%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$1,350,000
Stamp Duty
$57,305
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$135,000
Reg. Mortgage
$164
LMI Premium
$38,148
Renovation Costs
-
Total Cash/Equity Required
$232,813
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+7.7% PA
$2,402
$3,419
Rates
+3.0% PA
$1,122
$1,464
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
$24,299
$35,118
Interest Repayments
$80,190
$80,190
Net Cashflow Before Tax
-$55,891
-$45,072
Depreciation
-
-
Tax Offset
-$16,767
-$13,522
Net Cashflow After Tax
-$39,124
-$31,551
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,463,160
$2,645,045
Loan Balance
I.O
$1,215,000
$1,215,000
$248,160
$1,430,045
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2021 Population
Suburbs
Health Care and Social Assistance - 16.0%
Retail Trade - 11.0%
Manufacturing - 10.0%
Education and Training - 9.0%
Others - 54.0%
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