Withheld
$223,650
"Team Jerji of Ray White Wetherill Park is proud to present to the market number 11 Goldsmith Cl, Wetherill Park. First time being offer to the market is this generous, square block of land giving a fantastic opportunity for first home buyers, young or large families, Investors, or developer to enter the market. Peacefully tucked away in one of Wetherill Parks most soughtafter streets, this home is truly rare gem that will be hard to find again. With further potential to capitalise on the land with potential to build a Granny Flat s.t.c.a or a knockdown rebuild On offer is a neat and tidy 3bedroom brick home, 1 bathroom, lock up car garage property. A truly amazing opportunity for first home buyers or investors to enter the market, cash in immediate rent and add a granny flat and double your income increase your capital growth or to move in this home has it all Within a short stroll to Stocklands Mall Fairfield Hospital Wetherill Park CBD providing unlimited access to shops, restaurants, Schools, and Bus Train Station transport, truly a must inspect Featuring Three good sized bedrooms Massive formal lounge on entry Dining off the kitchen Hardwood timber throughout Ducted air conditioning Kitchen with stainless steel appliances gas cooking Granny Flat potential S.T.C.A Side access double carport 556.4sqm block Perfect for Granny Flat addition stca Perfectly square and rectangle block of land Investor note potential rent for 650 680 per week Deceased estate Will be sold 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.
-
70.8%
$1.32M
2.9%
$20,000
-$35,373
2.3%
1.8%
-16.9%
6.0%
Asking Price
-
Estimated Purchase Price
$1,225,000
Stamp Duty
$50,430
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$122,500
Reg. Mortgage
$164
LMI Premium
$34,616
Renovation Costs
-
Total Cash/Equity Required
$209,906
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
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
$22,233
$32,138
Interest Repayments
$72,765
$72,765
Net Cashflow Before Tax
-$50,532
-$40,627
Depreciation
-
-
Tax Offset
-$15,160
-$12,188
Net Cashflow After Tax
-$35,373
-$28,439
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,329,660
$2,403,709
Loan Balance
I.O
$1,102,500
$1,102,500
$227,160
$1,301,209
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