$875K
$146,501
Confidence
High
High
$910,000
Medium
$875,000
Low
$840,000
Confidence
Medium
"Nestled in the serene suburb of Winmalee, this delightful threebedroom home offers a peaceful retreat ideal for first home buyers, investors or those looking to downsize. The welcoming atmosphere is complemented by new flooring and fresh paint along with a spacious deck, perfect for enjoying a morning coffee. With built in wardrobes, reverse cycle air conditioning and a new oven, this home is ready to be enjoyed. Three bedroom brick and tile residence New flooring and fresh paint throughout Fully fenced 697sqm block with side access Single garage plus under house storage area Reverse cycle air conditioning Walk to shops, transport, schools and parks Winmalee is renowned for its tranquil lifestyle and community spirit, making it a soughtafter location for families and couples alike. The area is surrounded by lush greenery and offers easy access to local parks and walking trails, perfect for weekend adventures. Additionally, Winmalee Public School and St Columbas Catholic College are nearby, providing excellent educational opportunities within the community. Dont miss your chance to secure this lovely home contact us today to learn more DISCLAIMER Whilst we deem this information to be reliable the agent cannot guarantee its accuracy and accepts no responsibility for such. Interested persons should rely on their own enquiries."
-
85.5%
$1.04M
3.7%
-$875,000
-$39,969
-
-
-27.3%
-
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$875,000
Estimated Purchase Price
$875,000
Stamp Duty
$34,110
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$87,500
Reg. Mortgage
$164
LMI Premium
$22,532
Renovation Costs
-
Total Cash/Equity Required
$146,501
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,747
$2,279
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
-$5,124
-$6,686
Interest Repayments
$51,975
$51,975
Net Cashflow Before Tax
-$57,099
-$58,661
Depreciation
-
-
Tax Offset
-$17,130
-$17,598
Net Cashflow After Tax
-$39,969
-$41,062
Assumptions
Year 1
Year 10
Property Value
6.8%
-
-
Loan Balance
I.O
$787,500
$787,500
-$787,500
-$787,500
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2021 Population
Suburbs
Health Care and Social Assistance - 17.0%
Accommodation and Food Services - 14.0%
Education and Training - 12.0%
Retail Trade - 11.0%
Others - 46.0%
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