$595K
$87,824
"Discover the charm and elegance of this architecturally designed home at 95 River Street, Corowa. With its stunning natural light, high ceilings, and thoughtful layout, this residence offers a unique and tranquil lifestyle in one of Corowas most soughtafter locations. This beautifully designed home features three spacious bedrooms plus a study, providing ample space for both family and work. The master suite includes a walkin robe, ensuite, and a reverse cycle airconditioner, ensuring comfort and convenience. The central bathroom serves the additional bedrooms and guests with ease. The living spaces are a true highlight of this home, with floortoceiling windows that bathe the interior in natural light thanks to the northfacing aspect. Vaulted ceilings add to the sense of space and openness, creating an inviting atmosphere for both relaxation and entertaining. The living area is equipped with a reverse cycle airconditioner, a wood fireplace, and a gas heater, providing comfort throughout the seasons. One of the standout features of this property is the dedicated spa room, offering a private retreat where you can unwind and enjoy the tranquility of your surroundings. The homes design emphasizes indooroutdoor living, with mature gardens and lowmaintenance landscaping providing a peaceful backdrop. Practical features include a double carport, storage options, and rear lane access with a shed, catering to all your storage needs. The location is truly unbeatablejust moments from the Corowa Golf Club, the Murray River boat ramp, and surrounded by the serene beauty of gum trees. This home offers a quiet, yet convenient lifestyle thats perfect for those looking to enjoy all that Corowa has to offer. With its architectural design, abundant natural light, and high ceilings, 95 River Street is a uniquely stunning home that promises a lifestyle of comfort and style. Dont miss the opportunity to make this exceptional property your own. Contact Luke Moloney on 0447 780 999 today to arrange a viewing."
-
67.2%
$485K
4.7%
-$120,000
-$12,185
4.0%
3.0%
-12.4%
6.0%
Asking Price
$620,000
Estimated Purchase Price
$590,000
Stamp Duty
$21,285
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$59,000
Reg. Mortgage
$164
LMI Premium
$15,193
Renovation Costs
-
Total Cash/Equity Required
$97,837
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
Rates
+3.0% PA
$583
$761
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
$17,638
$25,574
Interest Repayments
$35,046
$35,046
Net Cashflow Before Tax
-$17,408
-$9,472
Depreciation
-
-
Tax Offset
-$5,222
-$2,842
Net Cashflow After Tax
-$12,185
-$6,630
Assumptions
Year 1
Year 10
Property Value
6.8%
$501,960
$907,424
Loan Balance
I.O
$531,000
$531,000
-$29,040
$376,424
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewLocation, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
2021 Population
Suburbs
Agriculture, Forestry and Fishing - 19.0%
Manufacturing - 17.0%
Accommodation and Food Services - 12.0%
Retail Trade - 8.0%
Others - 44.0%
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
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