$550K
$101,252
Confidence
High
High
$560,000
Medium
$515,000
Low
$470,000
Confidence
High
"We are delighted to present this feature packed home at 23 Arthur Avenue, ideal for those seeking simple, lowmaintenance living. Situated on a comfortable 670sqm level block, this exceptional brick and tile residence offers a rare opportunity to own a wellestablished home in the sought after Taree West area. Enjoy the comfort and convenience of this promising location in a friendly neighbourhood. Nestled in a quiet street, this charming property is directly across from Winton Reserve Park, perfect for families, retirees and first home buyers eager to enter the market. The property features include... Step through the entry and into the bright and inviting lounge room, where natural light floods in, accentuating the polished hardwood timber floorboards Walking through you will find the kitchen and huge second living and dining space The kitchen has been beautifully updated to include stylish stainless steel appliances, gas cooktop, dishwasher and ample cabinetry for all your storage needs. The abundance of bench space is complemented by the elegant stone benchtops. The fresh white colour scheme enhances the modern, clean aesthetic of this delightful space A convenient servery window opens to the large livingfamilydining zone, making entertaining a breeze The home boasts four bedrooms with the master featuring an ensuite bathrooms for added convenience. Three of the bedrooms include builtin storage and ceiling fans. Additionally, two of the bedrooms are equipped with reverse cycle air conditioning, ensuring a pleasant environment year round The renovated main bathroom showcases a contemporary grey and white colour scheme, with a freestanding bathtub, vanity, walkin shower and separate toilet The laundry is situated adjacent to the kitchen, featuring a third toilet and access to the garage Single car garage available for parking your vehicle, ensuring convenient and secure storage plus a separate concrete slab for additional parking space of a caravan, boat or trailer Fully fenced and level block with a convenient garden shed 6m x 3.6m approx. situated in the backyard, providing additional storage or workshop space Neat as a pin with a great floorplan and market rent currently sitting at 510 per week, this property is also an ideal find for a keen investor to grow their portfolio. Ideally located in the Taree West Primary School catchment zone just 2.1km away and only 1.2km from the picturesque Manning Waters Reserve. The popular Club West is also conveniently located just 550m from your doorstep for meals and entertainment. Here is the property you have been waiting to secure Dont delay your enquiry as properties in this area are always popular. For more information, please get in touch with Justin Atkins on 0417 955 176 or Kelly Sawyer on 0421 025 081 today, or come along for a look at one of our upcoming open homes."
-
82.9%
$825K
3.3%
$10,000
-$9,463
4.5%
3.3%
-11.8%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$505,000
Stamp Duty
$17,460
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$50,500
Reg. Mortgage
$164
LMI Premium
$10,082
Renovation Costs
-
Total Cash/Equity Required
$80,401
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$22,880
$32,565
Property Management
+7.7% PA
$1,762
$2,508
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
$16,478
$24,004
Interest Repayments
$29,997
$29,997
Net Cashflow Before Tax
-$13,519
-$5,993
Depreciation
-
-
Tax Offset
-$4,056
-$1,798
Net Cashflow After Tax
-$9,463
-$4,195
Assumptions
Year 1
Year 10
Property Value
6.8%
$550,020
$994,305
Loan Balance
I.O
$454,500
$454,500
$95,520
$539,805
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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