$650K
$96,983
Confidence
High
High
$670,000
Medium
$625,000
Low
$580,000
Confidence
Medium
"First time to the market in over 50 years is this red brick home in an excellent position, only 3 blocks from the CBD, handy to the Primary School, Pre School and tennis courts. This home is situated on a lovely 2023m2 corner block and includes a lounge room with reverse cycle air conditioning, dining room, renovated kitchen with loads of bench and cupboard space, dishwasher, under bench oven, hotplates and rangehood, lovely north east sunroom perfect for a cosy winters morning cuppa, 3 bedrooms, 2 with built in robes, master with ensuite, office, 2nd lounge reading room, bathroom with shower over bath and separate laundry. A private courtyard and entertainment area is at the rear of the home, brick garage with 2 carports one with roller door, set in lovely gardens with beautiful established shade trees. Plenty of room for a caravan shed or kids playground equipment in the fully fenced back yard. This older style home has many original features with a few modern twists. Call us today to arrange your inspection."
4.7%
66%
$430K
4.7%
$25,000
-$12,297
4.0%
3.0%
-12.3%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$650,000
Estimated Purchase Price
$600,000
Stamp Duty
$21,735
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$60,000
Reg. Mortgage
$164
LMI Premium
$15,450
Renovation Costs
-
Total Cash/Equity Required
$99,545
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,920
$34,046
Property Management
+7.7% PA
$1,842
$2,622
Rates
+3.0% PA
$628
$819
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
$18,073
$26,198
Interest Repayments
$35,640
$35,640
Net Cashflow Before Tax
-$17,567
-$9,442
Depreciation
-
-
Tax Offset
-$5,270
-$2,832
Net Cashflow After Tax
-$12,297
-$6,609
Assumptions
Year 1
Year 10
Property Value
6.8%
$667,500
$1,206,681
Loan Balance
I.O
$540,000
$540,000
$127,500
$666,681
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 26.0%
Health Care and Social Assistance - 12.0%
Retail Trade - 10.0%
Accommodation and Food Services - 7.0%
Others - 45.0%
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