Withheld
$167,845
Confidence
High
High
$1,065,000
Medium
$1,015,000
Low
$965,000
Confidence
Moderate
"This grand and spacious twobedroom apartment presents a blend of contemporary elegance and practical convenience, located just moments from the vibrant Eastlakes cafs and shops. Designed for comfortable living, the apartment boasts stylish finishes and a thoughtful layout ultimately maximizing space and functionality. Key Features Two Bedrooms equipped with builtin wardrobes, providing ample storage and ensuring a clutterfree living space. Modern Bathrooms designed with sleek fixtures, main bathroom with a bathtub offering a relaxing retreat within your home. The open plan living and dining area is expansive, featuring large windows that invite natural light and seamlessly connect to a spacious balcony. This outdoor space is perfect for alfresco dining and entertaining guests. A sleek kitchen fitted with highquality stainlesssteel appliances and an abundance of storage, combining style with practicality for an enjoyable cooking experience. The apartment includes a complete study area, ideal for working from home or additional personal space. Split system air conditioning in the living room ensures yearround comfort by allowing precise temperature control. Enjoy peace of mind with a secure building that features a lift and intercom system. The property includes 2 secure car spaces and a lockup storage cage, catering to all your storage needs. A dedicated internal laundry space adds to the convenience. Within close proximity to both the University of New South Wales UNSW, and the National Institute of Dramatic Arts NIDA, Public Transport, local primary and secondary schools, shops, cafes, restaurants. This apartment offers an exceptional blend of modern living, and prime location, making it a perfect choice for those seeking both comfort and convenience in a vibrant neighborhood. Disclaimer Elders Double Bay have no reason to doubt the accuracy of the property information provided. We request that at all times you inspect the property and make rely upon your own enquiries."
-
50.3%
-
-
$15,000
-$20,467
3.7%
3.0%
-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
$1,000,000
Stamp Duty
$39,735
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$100,000
Reg. Mortgage
$164
LMI Premium
$25,750
Renovation Costs
-
Total Cash/Equity Required
$167,845
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$37,440
$53,289
Property Management
+7.7% PA
$2,883
$4,103
Rates
+3.0% PA
$1,018
$1,328
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
$30,162
$43,451
Interest Repayments
$59,400
$59,400
Net Cashflow Before Tax
-$29,238
-$15,949
Depreciation
-
-
Tax Offset
-$8,771
-$4,785
Net Cashflow After Tax
-$20,467
-$11,164
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,084,020
$1,959,650
Loan Balance
I.O
$900,000
$900,000
$184,020
$1,059,650
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2021 Population
Suburbs
Others - 100.0%
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