$580K
$107,229
Confidence
High
High
$590,000
Medium
$507,000
Low
$440,000
Confidence
Moderate
"Securing a residence that genuinely caters to a familys everyday needs can often pose a challenge, yet this particular property ticks all the boxes and more. Featuring expansive interiors, this well maintained brick and tile residence offers an extensive array of features. Among its highlights are four goodsized bedrooms, multiple inviting living spaces, two wellappointed bathrooms and the added convenience of a double lockup garage. Nestled on a 682 sqm block within the desirable Racecourse Estate, this property is part of a charming neighbourhood renowned for its quality residences. Here, you can relish breathtaking views from the rear verandah, offering a picturesque outlook of the racecourse. Moreover, take advantage of its excellent location close to schools and sporting amenities, elevating the everyday convenience of this prime location. Lets take a look at what this home has to offer... Designed over two spacious levels with spectacular views across the estate and manicured Taree Race Course Two bedrooms upstairs with two downstairs and a bathroom on each level The living, dining and kitchen spaces effortlessly extend onto the rear balcony offering captivating views. With tile flooring for easy upkeep and the added convenience of air conditioning, this space ensures comfort and easy maintenance The kitchen is wellequipped, boasting ample storage space, sleek granite benchtops, a convenient wall oven and a dishwasher, ensuring both practicality and style Featuring a spacious double garage, providing ample room to securely store and safeguard your vehicles This residence features a fully enclosed yard with secure fencing, ideal for families with children and pets alike Very tidy street appeal showcasing a solid brick construction with a tiled roof that harmoniously complement the surrounding established gardens Located 1km away from two High Schools, 1.7km from Primary School and approximately 3km from the town centre Dont miss your chance to secure a spacious and quality home for the whole family... Want to know more Get in touch with Justin Atkins on 0417 955 176 or Kelly Sawyer on 0421 025 081 for more information or come along and view at one of our upcoming open homes."
-
79.3%
$598K
4.7%
$5,000
-$8,919
4.7%
3.4%
-11.2%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$500,000
Stamp Duty
$17,235
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$50,000
Reg. Mortgage
$164
LMI Premium
$9,982
Renovation Costs
-
Total Cash/Equity Required
$79,577
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
Rates
+3.0% PA
$1,263
$1,648
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
$16,958
$24,687
Interest Repayments
$29,700
$29,700
Net Cashflow Before Tax
-$12,742
-$5,013
Depreciation
-
-
Tax Offset
-$3,823
-$1,504
Net Cashflow After Tax
-$8,919
-$3,509
Assumptions
Year 1
Year 10
Property Value
6.8%
$539,340
$974,998
Loan Balance
I.O
$450,000
$450,000
$89,340
$524,998
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Location, 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 - 18.0%
Retail Trade - 14.0%
Accommodation and Food Services - 10.0%
Education and Training - 9.0%
Others - 49.0%
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