$1.03M
$155,893
Confidence
High
High
$918,500
Medium
$867,500
Low
$816,500
Confidence
High
"Nestled in a picturesque, treelined street, this beautifully renovated splitlevel home masterfully blends contemporary updates with timeless design. Originally crafted by a master builder as his personal residence, this home exudes quality and character from the moment you step through the grand arched double doors into the lightfilled foyer. The front pavilion boasts soaring raked ceilings, offering abundant natural light, and features a stylish formal living room complete with a woodburning fireplace and gas connection. The adjoining dining room flows seamlessly into the wellequipped gas kitchen, showcasing generous bench space, a Blanco dishwasher, deep drawers, pantry, breakfast bar, and a convenient servery perfect for entertaining. The second living room offers serene views of the mature trees in the front garden, while the enclosed queenslander room opens to a lush, level lawn and a paved alfresco terrace, creating an idyllic setting for family barbecues. Upstairs, three lightfilled bedrooms feature fullheight builtins, timber floors, and individual reversecycle air conditioners. For added convenience, the fitted laundry opens to a spacious drying deck. On the lower level, a versatile fourth bedroom, second bathroom, and additional living room with timberlook flooring offer flexibility for guests, teenagers, or those working from home. With a private entrance, this space is also ideal for shortterm rentals. The oversized double garage with remote access provides ample space for two vehicles, a workshop, and mezzanine storage. The fully fenced backyard, with established gardens and bush views, offers privacy and tranquillity, all while being minutes from John Hunter Hospital and major shopping centres. Additional features include Reverse cycle air conditioning in living area and bedrooms Timber floors and a durable brick exterior Two paved entertainment areas for outdoor relaxation Convenient location in a soughtafter nothru road This home perfectly combines comfort, style, and function, creating an inviting space for modern living. Council rates 2,420 per annum approximately Water rates 925 per annum approximately Zoned for Wallsend South Public School and Lambton High School. Disclaimer We have obtained all information provided here from sources we believe to be reliable however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations and satisfy themselves of all aspects of such information including and without limitation, any income, rentals, dimensions, areas, zoning, inclusions exclusions."
-
92.1%
$968K
4%
$15,000
-$17,715
3.8%
3.0%
-12.4%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$855,000
Stamp Duty
$33,210
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$85,500
Reg. Mortgage
$164
LMI Premium
$22,017
Renovation Costs
-
Total Cash/Equity Required
$143,086
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$32,760
$46,628
Property Management
+7.7% PA
$2,523
$3,590
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
$25,479
$36,829
Interest Repayments
$50,787
$50,787
Net Cashflow Before Tax
-$25,308
-$13,958
Depreciation
-
-
Tax Offset
-$7,592
-$4,187
Net Cashflow After Tax
-$17,715
-$9,770
Assumptions
Year 1
Year 10
Property Value
6.8%
$929,160
$1,679,700
Loan Balance
I.O
$769,500
$769,500
$159,660
$910,200
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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