$375K
$58,956
"Nestled on a generous 658m2 allotment, this charming 3bedroom, 1bath, 1car home is the epitome of comfort and convenience. Ready for you to move in right away, with the added bonus of endless possibilities to make it uniquely yours Step onto the inviting front deck, where you can bask in the morning sun with your favourite cup of coffee, or unwind after a long day while taking in the serene surroundings. Inside, discover a wellappointed kitchen boasting ample storage space, perfect for culinary enthusiasts and entertainers alike. The accommodation comprises three cosy bedrooms, two of which feature builtin robes, providing convenient storage solutions for your belongings. The main bathroom caters to all your needs, ensuring a refreshing start to your day or a relaxing soak in the tub after hours of adventure. A separate laundry adds to the functionality of the home, making chores a breeze. Stay comfortable yearround with ducted evaporative cooling, a wood fire, and a gas heater, ensuring a cosy atmosphere no matter the season. Outside, the spacious backyard awaits, complete with a powered shed offering endless possibilities for hobbies, storage, or even a workshop. Dont miss the opportunity to make this your own sanctuary in Howlong, where comfort, convenience, and endless potential await. Schedule your viewing today and start envisioning the endless possibilities this charming home has to offer"
Below are some similar properties in the area you may be interested in.
-
77.6%
$560K
4.2%
-$10,000
-$6,605
4.8%
3.4%
-11.2%
6.0%
Asking Price
$375,000
Estimated Purchase Price
$375,000
Stamp Duty
$11,610
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$37,500
Reg. Mortgage
$164
LMI Premium
$7,486
Renovation Costs
-
Total Cash/Equity Required
$58,956
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$18,200
$25,904
Property Management
+7.7% PA
$1,401
$1,995
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
$12,839
$18,743
Interest Repayments
$22,275
$22,275
Net Cashflow Before Tax
-$9,436
-$3,532
Depreciation
-
-
Tax Offset
-$2,831
-$1,060
Net Cashflow After Tax
-$6,605
-$2,473
Assumptions
Year 1
Year 10
Property Value
6.8%
$389,820
$704,702
Loan Balance
I.O
$337,500
$337,500
$52,320
$367,202
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
Average Days of Supply