$2.28M
$445,392
Confidence
High
High
$2,300,000
Medium
$2,150,000
Low
$2,000,000
Confidence
Medium
"Discover a stunning twostorey family home in soughtafter Old Valentine, where timeless elegance meets modern convenience, just steps from Lake Macquarie. Featuring lake glimpses from bedrooms, living and dining. Built with solid concrete and double brick, it features cedar windows and French doors, showcasing breathtaking lake sunsets. The dream kitchen boasts white Caesarstone benchtops, a Smeg oven, and an induction cooktop, while polished timber floors and new woolen carpets enhance comfort throughout. Enjoy high ceilings and a northerly aspect in a spacious layout complemented by covered verandahs and zoned ducted air conditioning. The lowmaintenance gardens provide private outdoor spaces for entertaining, along with two fireplacesone in the master suite and one in the lounge. With local amenities, parks, cafes, and the Valentine Bowling Club just a short stroll away, this home beautifully combines classic charm and modern living. Dont miss your chancecontact Kathleen today for more information or to schedule a viewing. Property Features Land size approx. 727.2m Solid twostorey, concrete slab, hardwood frame, double brick home featuring cedar windows and cedar french doors. Glimmering lake glimpses from formal living, dining and 3 bedrooms Master king size suite with lake views, french doors to Juliette balcony Kitchen featuring white Caesar stone benchtops with dark grey waterfall edge breakfast seating. Smeg oven and induction cooktop, impressive glass rangehood and glass splashback. High ceilings downstairs. Desirable northerly aspect with covered verandahs on 3 sides allow cooling breezes. Zoned ducted reverse cycle air conditioning upstairs and downstairs, splitsystem ac for kitchendining area downstairs. Well established low maintenance landscape designed gardens featuring private outdoor entertaining areas including a fire pit enclave with sandstone seating and rusticcharacter brick pavers. Original timber polished floorboards upstairs, floor tiles and luxurious new woolen carpet downstairs . Two fireplaces, one in the master upstairs and one in the loungerumpus downstairs. Remote double garage with extra room for workshop. Back to base alarm system. Featured cedar french doors and windows throughout the home. Within 2 minutes from a gentle stroll to glorious Lake Macquarie with boat ramp and park then onto pathways in Green Point Reserve lifestyle village cafe and shops, Valentines popular Bowling Club. North and east facing Lake Macquarie water views. Council rates approx. 838 quarterly Disclaimer We have obtained this property information from sources we believe to be reliable however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations."
-
87.7%
$1.81M
2.5%
-$300,000
-$71,604
2.1%
1.8%
-16.5%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$2,280,000
Estimated Purchase Price
$2,450,000
Stamp Duty
$117,805
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$245,000
Reg. Mortgage
$164
LMI Premium
$69,232
Renovation Costs
-
Total Cash/Equity Required
$434,397
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$52,000
$74,012
Property Management
+7.7% PA
$4,004
$5,699
Rates
+3.0% PA
$1,381
$1,802
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
$43,238
$62,105
Interest Repayments
$145,530
$145,530
Net Cashflow Before Tax
-$102,292
-$83,425
Depreciation
-
-
Tax Offset
-$30,688
-$25,027
Net Cashflow After Tax
-$71,604
-$58,397
Assumptions
Year 1
Year 10
Property Value
6.8%
$2,296,200
$4,150,983
Loan Balance
I.O
$2,205,000
$2,205,000
$91,200
$1,945,983
Below are some similar properties in the area you may be interested in.
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%
Construction - 9.0%
Education and Training - 9.0%
Others - 50.0%
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