$1.28M
$202,575
Confidence
High
High
$1,300,000
Medium
$1,250,000
Low
$1,200,000
Confidence
Not Found
"Discover the perfect balance of timeless charm and contemporary living in this beautifully maintained family home. With striking Federationinspired external features, this residence radiates classic appeal, while the interiors boast a sleek, modern kitchen and updated bathrooms. Offering the best of both worlds, this home combines traditional architectural beauty with the comfort and convenience of modern amenities, creating a truly inviting living space for todays family. Property Features 4 Spacious Bedrooms Plenty of space for a growing family, each with builtin wardrobes. 2 Large Living Areas Perfect for relaxation and entertainment, providing ample space for the whole family to unwind. Modern Kitchen Featuring quality appliances and abundant storage, designed for both casual meals and special occasions. Bathroom Ensuite A wellappointed main bathroom and a master ensuite add to the homes comfort. Outdoor Entertaining Area Enjoy the large under cover entertainment area ideal for dining or weekend BBQs in the private backyard. Secure Parking Ample parking space with a double lockup garage with remote control access. Additional Features Ducted airconditioning Side access Dishwasher and 40ML engineered Caesar stone bench tops Hybrid timber floors Prime Location Close to Schools Located near top local schools, ideal for families. Convenient Shopping Just minutes away from shops, cafes, and local amenities. Easy Access to Major Roads Close proximity to the M5 and M7, making commuting a breeze. This home offers a fantastic opportunity to own a beautifully maintained property in the soughtafter suburb of Prestons. Whether youre a family looking to upsize or a firsttime homebuyer, this house is ready to welcome you. Disclaimer The above information has been extracted based on visual inspection by the agentagents representing Richardson Wrench Hinchinbrook and by information received from the clients and their legal representative. We have not verified whether that information is accurate, and do not have any belief one way or the other in its accuracy. All interested parties should make and rely upon their own inquiries to determine whether this information is in fact accurate."
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Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewLocation, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
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
Asking Price
$1,279,000
Estimated Purchase Price
$1,215,000
Stamp Duty
$49,880
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$121,500
Reg. Mortgage
$164
LMI Premium
$34,333
Renovation Costs
-
Total Cash/Equity Required
$208,073
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,800
$48,108
Property Management
+7.7% PA
$2,603
$3,704
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
$26,698
$38,533
Interest Repayments
$72,171
$72,171
Net Cashflow Before Tax
-$45,473
-$33,638
Depreciation
-
-
Tax Offset
-$13,642
-$10,091
Net Cashflow After Tax
-$31,831
-$23,546
Assumptions
Year 1
Year 10
Property Value
6.8%
-
-
Loan Balance
I.O
$1,093,500
$1,093,500
-$1,093,500
-$1,093,500