Withheld
$223,650
"Team Jerji of Ray White Wetherill Park is proud to present to the market number 31 Lily Street, Wetherill Park. It really is just one of those perfect single level homes. upsizers OR downsizers, first home buyers and young couples, this home will tick a lot of your boxes. Capturing the true meaning of family living, stone throws away from Stocklands Mall, Fairfield Hospital Greenway Plaza, a list of inclusion thats sure to impress with potential to build a granny flat stca this home is a recipe for success. This home is presented immaculately by the owners and has recently been renovated. Sitting high and in the most prestigious locations of Wetherill Park , the home enjoys 4 bedrooms, a combination of formal living area, separate dining, renovated modern kitchen all within walking distance to Stocklands Mall, Fairfield Hospital, William Stimson School Prairiewood High School, Parks and Greenway Plaza. Features Generous sized bedrooms all with built in wardrobes Renovated Modern Kitchen with cooktop, large breakfast bar, pendant lighting and pantry Stainless steel appliances including Oven and Cooktop Renovated bathroom with floor to ceiling tiles, bath and separate toilet Tiled floors throughout timbercarpet in bedrooms Airconditioning downlights, roller shutters and plantation shutters Lock up garage alarm Undercover alfresco with external laundry 2nd toilet Life time warranty guttering system Part of Prairiewood high school catchment 550sqm perfectly square block Granny flat potential stca Investors note rental potential of 750 800 per week. All the hard work has been done to just move in and enjoy. See you at the next open home Auction location Smithfield RSL Auction time Day 29th of October 6pm, 530pm registration"
Below are some similar properties in the area you may be interested in.
-
69.1%
$1.03M
2.6%
$20,000
-$33,052
2.7%
2.2%
-15.4%
6.0%
Asking Price
-
Estimated Purchase Price
$1,250,000
Stamp Duty
$51,805
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$125,000
Reg. Mortgage
$164
LMI Premium
$35,322
Renovation Costs
-
Total Cash/Equity Required
$214,487
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,800
$48,108
Property Management
+7.7% PA
$2,603
$3,704
Rates
+3.0% PA
$788
$1,028
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
$27,032
$38,969
Interest Repayments
$74,250
$74,250
Net Cashflow Before Tax
-$47,218
-$35,281
Depreciation
-
-
Tax Offset
-$14,165
-$10,584
Net Cashflow After Tax
-$33,052
-$24,697
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,356,360
$2,451,976
Loan Balance
I.O
$1,125,000
$1,125,000
$231,360
$1,326,976
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Manufacturing - 14.0%
Retail Trade - 11.0%
Health Care and Social Assistance - 10.0%
Construction - 9.0%
Others - 56.0%
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