Withheld
$148,209
"Perfectly equipped for modern family life and outdoor enjoyment, this home offers a blend of space, functionality, and luxury. This stunning four bedroom residence, designed to elevate your living experience with pool, basketball court and retreat. Four large bedrooms with builtin robes, one with walkin robe Spacious kitchen and dining area with private study Modern renovated bathroom with spa bath and ensuite to main Teenage retreat, basketball court and garden sheds Entertain outside on the deck or under the pergola Control your comfort with air condition, fans and fireplace Sparkling above ground pool surrounded by deck Solar panels9.6kw, carport and fully fenced yard Potential rental return of 700 to 750 a week Reserve at the end of the street and close to boat ramp KEY DETAILS Council Rates 1,600pa Water Rates 1,147pa"
-
67.7%
$730K
3.8%
$15,000
-$19,764
3.5%
2.8%
-13.3%
6.0%
Asking Price
-
Estimated Purchase Price
$885,000
Stamp Duty
$34,560
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$88,500
Reg. Mortgage
$164
LMI Premium
$22,789
Renovation Costs
-
Total Cash/Equity Required
$148,209
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+7.7% PA
$2,402
$3,419
Rates
+3.0% PA
$1,086
$1,417
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
$24,335
$35,165
Interest Repayments
$52,569
$52,569
Net Cashflow Before Tax
-$28,234
-$17,404
Depreciation
-
-
Tax Offset
-$8,470
-$5,221
Net Cashflow After Tax
-$19,764
-$12,183
Assumptions
Year 1
Year 10
Property Value
6.8%
$961,200
$1,737,621
Loan Balance
I.O
$796,500
$796,500
$164,700
$941,121
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2016 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 13.0%
Accommodation and Food Services - 9.0%
Construction - 8.0%
Others - 52.0%
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