$610K
$114,059
Confidence
High
High
$650,000
Medium
$610,000
Low
$570,000
Confidence
Not Found
"Set amidst the pristine surroundings of Roslyn Estate in Raymond Terrace, this property offers the perfect blend of comfort and functionality. Set on 647m2. Key features include Brand new carpets throughout the house. Reverse cycle air conditioning for all year round temperature comfort. Solid constructed retaining walls, ensuring both aesthetics and functionality. Northfacing orientation, providing stunning views and ample natural light. Four spacious bedrooms, offering versatility and space for the whole family. Luxurious master suite conveniently located downstairs for added privacy. Double lock up garage for secure parking and additional storage space. If youre searching for the ideal location combined with modern comforts, look no further than this exquisite property in Roslyn Estate. For further enquiries or to schedule a viewing, contact me today on 0418 216 275. Rates 1,168.31 per annum. Rental Appraisal 510 540 per week Approximate travel times Newcastle 45 minutes. Newcastle Airport 20minutes. Nelson Bay 26 minutes. Sydney 2 hours 8 minutes. Disclaimer We have obtained all information in this document from sources we believe to be reliable, however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own enquiries."
-
84.6%
$732K
3.8%
-$75,000
-$31,574
-
-
-27.7%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$610,000
Estimated Purchase Price
$685,000
Stamp Duty
$25,560
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$68,500
Reg. Mortgage
$164
LMI Premium
$17,639
Renovation Costs
-
Total Cash/Equity Required
$114,059
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,040
$1,357
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
-$4,417
-$5,763
Interest Repayments
$40,689
$40,689
Net Cashflow Before Tax
-$45,106
-$46,452
Depreciation
-
-
Tax Offset
-$13,532
-$13,936
Net Cashflow After Tax
-$31,574
-$32,517
Assumptions
Year 1
Year 10
Property Value
6.8%
$651,480
$1,177,721
Loan Balance
I.O
$616,500
$616,500
$34,980
$561,221
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2021 Population
Suburbs
Public Administration and Safety - 15.0%
Manufacturing - 12.0%
Retail Trade - 10.0%
Accommodation and Food Services - 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