$469K
$84,525
"Located in South Kempsey, this 4bedroom, 3bathroom home sits on a massive 2,023sqm block and is in a perfect position, located close to Schools, Public Transport, and essential amenities. Features of this home include 4 Bedroom, 3 Bathroom Separate Lounge with Fireplace Modern Kitchen with dishwasher and walkin pantry Ensuite to Main bedroom Builtin robes in all bedrooms Ceiling fans throughout, plus airconditioning New flooring throughout New paint throughout 1 Bathroom downstairs Front and side verandah, plus undercover verandah at the back Single car garage plus workshop Multiple garden sheds Large block of 2,023sqm The possibilities are endless with this massive block, create a market garden and sell from home STCA, its a great space to have the garden of your dreams, or even create a cosy haven to relax and enjoy time with your family. Just 3km from Kempsey Town Centre and within walking distance to both High Schools, Primary Schools, and the general store, make this home the perfect choice for anyone needing easy access to essential amenities or anyone looking to expand their investment portfolio. Dont miss out on this opportunity, Contact Carlos today on 0427 256 570 for further details. DISCLAIMER All information contained herein is gathered from sources we believe to be reliable we cannot however guarantee its accuracy and all interested parties should make and rely on their own enquiries."
Below are some similar properties in the area you may be interested in.
6.2%
59.3%
$323K
6.8%
-$60,000
-$9,087
4.7%
3.5%
-10.8%
6.0%
Asking Price
$469,000
Estimated Purchase Price
$530,000
Stamp Duty
$18,585
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$53,000
Reg. Mortgage
$164
LMI Premium
$10,581
Renovation Costs
-
Total Cash/Equity Required
$84,526
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$24,960
$35,526
Property Management
+7.7% PA
$1,922
$2,735
Rates
+3.0% PA
$1,160
$1,514
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
$18,501
$26,871
Interest Repayments
$31,482
$31,482
Net Cashflow Before Tax
-$12,981
-$4,611
Depreciation
-
-
Tax Offset
-$3,894
-$1,383
Net Cashflow After Tax
-$9,087
-$3,228
Assumptions
Year 1
Year 10
Property Value
6.8%
$501,960
$907,424
Loan Balance
I.O
$477,000
$477,000
$24,960
$430,424
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 - 17.0%
Retail Trade - 12.0%
Education and Training - 10.0%
Accommodation and Food Services - 9.0%
Others - 52.0%
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