$195K
$29,938
"21 Koala Street, Wakool NSW, Australia is a charming house that is now available for sale. This lovely property features 2 bedrooms, 1 bathroom, and 2 offstreet parking spaces. Situated on a spacious 1037m2 land size with established gardens, this fully renovated home offers a country vibe overlooking farm land. The property boasts floorboards throughout living area, air conditioning, heating, a garage, outdoor area perfect for entertaining, undercover parking space, and a fully fenced yard ideal for pets and young families. With the added convenience of rear lane access and the option to purchase the residential block next door with a large shed included, perfect for those who want a double block giving you the extra room to move. This property would be particularly attractive to First Home Buyers as it offers an opportunity to own a fully renovated home in a peaceful location with ample space for future expansion or development. Young Couples would appreciate the modern amenities and outdoor area perfect for hosting gatherings or relaxing outdoors. Downsizers would find this property appealing due to its low maintenance features such as floorboards and fully fenced yard. Property Features Floorboards Air conditioning Heating Garage Outdoor area Undercover parking Fully fenced Pet friendly The Location Approximately within 5 kilometers from 21 Koala Street are popular places such as Approx Wakool River 1 km Approx Wakool Hotel 3 km Approx Wakool Public School 4 km Approx Moulamein Bowling Club 5 km Dont miss out on the opportunity to own this wonderful property in the heart of Wakool"
Below are some similar properties in the area you may be interested in.
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91.7%
-
-
-$85,000
-$5,319
4.7%
2.5%
-15.8%
6.0%
Asking Price
$220,000
Estimated Purchase Price
$220,000
Stamp Duty
$5,945
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$22,000
Reg. Mortgage
$164
LMI Premium
$3,395
Renovation Costs
-
Total Cash/Equity Required
$33,700
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$10,400
$14,802
Property Management
+7.7% PA
$801
$1,140
Rates
+3.0% PA
$753
$982
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
$5,469
$8,274
Interest Repayments
$13,068
$13,068
Net Cashflow Before Tax
-$7,599
-$4,794
Depreciation
-
-
Tax Offset
-$2,280
-$1,438
Net Cashflow After Tax
-$5,319
-$3,356
Assumptions
Year 1
Year 10
Property Value
6.8%
$144,180
$260,643
Loan Balance
I.O
$198,000
$198,000
-$53,820
$62,643
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 24.0%
Accommodation and Food Services - 19.0%
Retail Trade - 7.0%
Manufacturing - 7.0%
Others - 43.0%
Average Income
Average Population
projected
for 2024 to 2026
Average Days of Supply