Withheld
$149,063
Confidence
High
High
$1,085,000
Medium
$1,030,000
Low
$975,000
Confidence
Moderate
"Set high on the hill, offering picturesque suburban views, we welcome you to 14 Eleonora Close Whitebridge. This home features three bedrooms, including a large main bedroom with the addition of an ensuite, a study nook, builtin wardrobes and reverse cycle air conditioning. The second bedroom is generous in size, offering a perfect teenage retreat, with reverse cycle air conditioning. The main bathroom includes separate shower and bath, with a separate toilet. The home seamlessly blends floorboards in the living areas and carpet in two bedrooms, enhancing its charm and comfort. A separate office space for your work from home needs, with plenty of natural light, working from home has never been easier. The kitchen, with breakfast bench, overlooks a landscaped rear yard, making meal preparation a pleasure, while you can also enjoy alfresco dining in the serene outdoor area, perfect for entertaining. There is a also a seperate workshopstorage area. The lounge room and front patio boast tranquil views towards Lake Macquarie, creating a perfect retreat in this culdesac location. Take in the view while having a morning coffee or a relaxing drink watching the sun go down. Located in a soughtafter suburb with easy access to the inner city bypass, youll find quality public and private schools nearby, including Hunter Sports High. A short drive will take you to Redhead Beach, Whitebridge Village shops, and Charlestown Square, ensuring all your shopping and recreational needs are met. This is truly a prime location for your new home. There is potential for improvement, whether you want to add your own touches to the home or add value by creating a second dwellinggranny flat STCA in the rear yard, where there would be separate private access to Bulls Garden Road, you have options. Alternatively, if you are seeking a new investment opportunity, this property is currently leased and managed by JCS Real Estate. You have the opportunity to purchase this property with Vacant Possession or Tenanted. Please contact Josh on 0427 918 533 or Courtney on 0402 337 577 for further information or to arrange an inspection. Disclaimer We have obtained all information in this document from sources we believe to be reliable however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations."
3.6%
76.6%
$1.33M
2.9%
-
-$19,280
4.0%
3.3%
-11.2%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$1,030,000
Stamp Duty
$41,085
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$103,000
Reg. Mortgage
$164
LMI Premium
$26,523
Renovation Costs
-
Total Cash/Equity Required
$172,968
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$41,600
$59,210
Property Management
+7.7% PA
$3,203
$4,559
Rates
+3.0% PA
$1,381
$1,802
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
$33,639
$48,443
Interest Repayments
$61,182
$61,182
Net Cashflow Before Tax
-$27,543
-$12,739
Depreciation
-
-
Tax Offset
-$8,263
-$3,822
Net Cashflow After Tax
-$19,280
-$8,918
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,100,040
$1,988,611
Loan Balance
I.O
$927,000
$927,000
$173,040
$1,061,611
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2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 14.0%
Construction - 9.0%
Education and Training - 9.0%
Others - 50.0%
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