$580K
$107,229
Confidence
High
High
$540,000
Medium
$515,000
Low
$490,000
Confidence
High
"Manning Valley Property are thrilled to present for sale 2 Alonbar Crescent, Taree. Positioned ideally for families, this property enjoys close proximity to amenities such as St Josephs Primary School, playgrounds, sporting facilities, and entertainment venues including the BMX track and Taree Race Club. This attractive residence features a soft rendered facade, Colorbond roof, and tastefully landscaped gardens on a generous 863m2 corner block. Its splitlevel design harmonises with the natural contours of the land, offering expansive openplan living spaces with elevated ceilings that create a sense of spaciousness and ambience. Key Features Include Sundrenched lounge room with stunning timber floors Expansive openplan living area 8.3m x 9m approx. with high ceilings, fan, and reverse cycle air conditioning Relaxed family room adjacent to the second living area Central kitchen with wall oven, ceramic cooktop, and ample storage Three generously sized bedrooms, two with walkin robes and ensuite to main Contemporary main bathroom with bath tub, separate shower, and toilet Large covered alfresco entertaining area 6m x 6m approx. overlooking nearby bushland Fenced gently sloping backyard, ideal for children and pets Secure internal access to double garage Side access to backyard for additional parking caravan or boat Ultimate familyfriendly location, with St Josephs Primary School just 800m away. This property has been extensively upgraded within the last decade, requiring minimal maintenance. Please note that while every effort has been made to accurately represent the features and amenities of the property described in this advert. Prospective buyers are encouraged to conduct their own inspections and assessments to verify the details provided. We do not guarantee the accuracy or completeness of the information presented herein."
1.8%
74.4%
$565K
4.6%
$10,000
-$10,135
4.3%
3.1%
-12.6%
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
$21,840
$31,085
Property Management
+7.7% PA
$1,682
$2,394
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
$15,518
$22,637
Interest Repayments
$29,997
$29,997
Net Cashflow Before Tax
-$14,479
-$7,360
Depreciation
-
-
Tax Offset
-$4,344
-$2,208
Net Cashflow After Tax
-$10,135
-$5,152
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