Withheld
$172,114
Confidence
Medium
High
$535,000
Medium
$500,000
Low
$465,000
Confidence
Medium
"Immaculate large family home on 1012sqm enjoying excellent space for families, This fully renovated single level home features lightfilled open plan living areas, great outdoor entertaining and a large backyard thats perfect for kids and pets. Immaculately kept four bedroom brick and tile home represents great value for money with ducted air conditioning throughout Huge open plan living areas enjoy effortless flow to alfresco dining space Lightfilled north facing sunroom with scenic views over the immaculate backyard and the river beyond. Gourmet kitchen with large stone benchtops, spacious cooking areas plus plenty of storage included the large walkin pantry. Separate large formal lounge room with carpet and bespoke ceiling rose There is plenty of storage for the vehicles with a double garage and carport at the front plus three car garaging at the rear utilising the side rear yard access. Located in a fantastic and convenient location, just 4 minutes to the golden sands of Patchs Beach and only a 10 minute drive to Ballina 600 metres to the boat ramp."
-
60%
$790K
5.3%
$5,000
-$9,582
4.4%
3.2%
-12.2%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$495,000
Stamp Duty
$17,010
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$49,500
Reg. Mortgage
$164
LMI Premium
$9,882
Renovation Costs
-
Total Cash/Equity Required
$78,752
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$21,840
$31,085
Property Management
+7.7% PA
$1,682
$2,394
Rates
+3.0% PA
$1,067
$1,392
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
$15,714
$22,893
Interest Repayments
$29,403
$29,403
Net Cashflow Before Tax
-$13,689
-$6,510
Depreciation
-
-
Tax Offset
-$4,107
-$1,953
Net Cashflow After Tax
-$9,582
-$4,557
Assumptions
Year 1
Year 10
Property Value
6.8%
$534,000
$965,345
Loan Balance
I.O
$445,500
$445,500
$88,500
$519,845
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2021 Population
Suburbs
Health Care and Social Assistance - 17.0%
Retail Trade - 13.0%
Education and Training - 10.0%
Accommodation and Food Services - 9.0%
Others - 51.0%
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