Withheld
$50,247
"With Murray River Water Frontage and views, on a generous sized elevated block of 1497m2 as per the Planning Certificate this 3 bedroom 1 bathroom residence is For Sale by Tender, in the range of 950k to 1.045m. The block is elevated to amplify the water views, and the home is generous in size with a large front lounge room, with an air conditioner, and a section of an enclosed veranda that could be used as an officestudy. The family room, off the spacious meals room, has wonderful Murray River views, as does the dining room with its outside deck area. Climate comfort is ensured within the home with ducted under floor natural gas heating and ducted evaporative cooling and fans in the living areas and the 3 bedrooms., plus 2 split systems. To complement the home solar panels are installed to reduce the energy costs. The kitchen is electric with a double oven, hot plates and dishwasher and an expansives wall of pantry cupboards. Externally we have a powered shed and an external toilet. Private and time friendly inspections by appointment are welcome. TO BE SOLD. Disclaimer All care has been taken in compiling these particulars, but the vendor and their agents do not guarantee the details and cannot accept responsibility for errors or misdescriptions if any. Intending purchasers should satisfy themselves as to the correctness of details. Property Code 2497"
Below are some similar properties in the area you may be interested in.
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67.2%
$485K
4.7%
-$105,000
-$24,275
2.8%
2.1%
-16.0%
6.0%
Asking Price
$950,000
Estimated Purchase Price
$905,000
Stamp Duty
$35,460
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$90,500
Reg. Mortgage
$164
LMI Premium
$23,304
Renovation Costs
-
Total Cash/Equity Required
$151,624
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$24,960
$35,526
Property Management
+7.7% PA
$1,922
$2,735
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
$19,078
$27,623
Interest Repayments
$53,757
$53,757
Net Cashflow Before Tax
-$34,679
-$26,134
Depreciation
-
-
Tax Offset
-$10,404
-$7,840
Net Cashflow After Tax
-$24,275
-$18,293
Assumptions
Year 1
Year 10
Property Value
6.8%
$854,400
$1,544,552
Loan Balance
I.O
$814,500
$814,500
$39,900
$730,052
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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