$1.25M
$214,487
Confidence
Medium
High
$1,700,000
Medium
$1,485,000
Low
$1,300,000
Confidence
High
"This rare fourbedroom homestead on 3.19 acres presents an ideal opportunity for hobby farmers or large families and their pets. Youre surrounded by the rural serenity of clear paddocks three of them yours plus there are also several sheds, a stable and multiple vehicle spaces. Yet convenience is also on your doorstep with Maitland and Clarence Town only 15 minutes away. The home is also surrounded by front and rear patios and inside, you have two openplan living areas with garden access and a cosy fireplace. There is a central, modern kitchen and a large bedroom wing features a large master suite. If youre seeking serenity yet need convenience, this rare, fourbed home is for you Set on 3.19 acres, the property is selling for only the third time since its build in 1998 Hobby farmers or large families, especially those with pets, will appreciate the home Zoned RU1 Primary Production, the block is perfect for a variety of agriculture uses Usable, clear, level land is suited for animals, room for a pool or extra sheds STCA Convenience is also nearby with Maitland and Clarence Town only 15 minutes away Modernised since its last sale in 2013, singlelevel brick and tile home is impressive Set back from road, home offers uninterrupted rural views everywhere and all around Long front and rear patios, latter with a barbecue, are perfect spots to enjoy serenity Plus, fresh colour palette, timberlook floors, 2.7m high ceilings, exposed brick walls On either side of entry, youll find lightfilled, casual and formal openplan living areas Both arrays have feature brick walls with formal array also having delightful fireplace Both areas surround and flow to central, modern kitchen with easy access to gardens There is walkin pantry, timber cabinetry, 900mm 5burner gas cooktop, Ariston oven Step outside to a wide covered patio, comes with builtin barbecue and bench space Entertain and relax while taking in the gorgeous country views as far as eye can see The sprawling farmland plus fenced backyard is ideal for a variety of uses or animals Three separate, fenced paddocks, veggie patches, 9m x 8m farm shed with a toilet You also have a hay shed, garden shed, stable, green house, highclearance carport Back inside, explore your long and impressive bedroom wing to one side of floorplan Your lightfilled master suite to end of hall offers a walkin robe, ensuite with shower Two of the three remaining bedrooms have builtin robes and all feature soft carpet Family bathroom in same wing has corner bathtub, separate shower, separate toilet Daikin ducted air conditioning, nearnew Rinnai electric hot water, three water tanks Pump out septic system, water filtration system, double car garage and extra parking Council Rates 2,244pa"
-
90.1%
-
-
$135,000
+
23.1%
21.0%
61.1%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$1,350,000
Estimated Purchase Price
$1,350,000
Stamp Duty
$57,305
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$135,000
Reg. Mortgage
$164
LMI Premium
$38,148
Renovation Costs
-
Total Cash/Equity Required
$232,813
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$312,000
$444,073
Property Management
+7.7% PA
$24,024
$34,194
Rates
+3.0% PA
$1,040
$1,357
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
$283,559
$404,116
Interest Repayments
$80,190
$80,190
Net Cashflow Before Tax
$203,369
$323,926
Depreciation
-
-
Tax Offset
$61,011
$97,178
Net Cashflow After Tax
$142,358
$226,749
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,585,980
$2,867,075
Loan Balance
I.O
$1,215,000
$1,215,000
$370,980
$1,652,075
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2021 Population
Suburbs
Public Administration and Safety - 15.0%
Manufacturing - 12.0%
Retail Trade - 10.0%
Accommodation and Food Services - 9.0%
Others - 54.0%
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