$1.4M
$216,320
Confidence
High
High
$934,000
Medium
$890,000
Low
$846,000
Confidence
Medium
"Nestled in an exclusive pocket of just 10 homes on a sprawling 2309sqm block, this stunning family home sits elevated from the peaceful culdesac, offering a true sense of sanctuary. The whole house is bathed in leafy views and beautiful northern light. This tranquil enclave, filled with birdsong, offers unmatched privacy. The bush gardens, complete with a fairy trail, create a magical retreat for both adults and kids. A circular driveway, with a fountain at its heart, leads you to a double garage and plenty of extra parking for your boat, motorhome, or additional vehicles. Inside, the formal entrance welcomes you with a grand spiral staircase, topped by a crystal chandelier, leading to four bedrooms and two bathrooms. On ground level, youll find a versatile fifth bedroom with its own entrance, a third bathroom, and a study in the western wing, while the eastern side features a generous lounge and dining area. The spacious kitchen with 3 metre island bench, overlooks the terraced garden and enclosed rear verandah, spanning the entire width of the home, provides a peaceful spot to relax during summer. Whether youre soaking up the winter sun on the front verandah or enjoying a sunset drink, this home exudes pure serenity. Youre also just over 10 minutes from Westfield Kotara, Charlestown Square, and lakeside Warners Bay, with the city no more than a 20minute drive away. Plus, medical staff from nearby John Hunter and Newcastle Private hospitals will love the quick fiveminute commute, giving them more time for lifes finer moments. Five bedrooms study, three bathrooms, double garage Kitchen with stone benches, double oven, brand new dishwasher Split system ac in lounge room and ground floor bedroom Garden irrigation system Catchment for Wallsend South Public School and Lambton High Disclaimer All information provided by Wilton Lemke Stewart in the marketing of a property for sale or lease has been sourced from various thirdparty outlets that we deem reliable. Nonetheless, Wilton Lemke Stewart cannot ensure its absolute accuracy, and we bear no responsibility and disclaim all liability for any errors, omissions, inaccuracies, or misstatements in the information provided. Prospective buyers and tenants are encouraged to conduct their own due diligence and rely on their own investigations. All images, measurements, diagrams, renderings, and data are indicative and for illustrative purposes only, subject to potential changes."
-
86.5%
$853K
5.4%
$15,000
-$17,875
3.9%
3.0%
-12.2%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$875,000
Stamp Duty
$34,110
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$87,500
Reg. Mortgage
$164
LMI Premium
$22,532
Renovation Costs
-
Total Cash/Equity Required
$146,501
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
$1,381
$1,802
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
$26,439
$38,196
Interest Repayments
$51,975
$51,975
Net Cashflow Before Tax
-$25,536
-$13,779
Depreciation
-
-
Tax Offset
-$7,661
-$4,134
Net Cashflow After Tax
-$17,875
-$9,646
Assumptions
Year 1
Year 10
Property Value
6.8%
$950,520
$1,718,314
Loan Balance
I.O
$787,500
$787,500
$163,020
$930,814
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2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 14.0%
Construction - 9.0%
Education and Training - 9.0%
Others - 50.0%
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