Withheld
$71,328
Confidence
High
High
$1,050,000
Medium
$1,000,000
Low
$950,000
Confidence
Moderate
"Our highly motivated owners have decided its time to retire and have given instructions to SELL at auction to the highest bidder over the reserve. This beautifully presented, singlestorey, 4 bedroom residence, situated on 544.4 sqm block of land, is perfectly positioned in the peaceful, newly established suburb of Elderslie. Located around the corner from Elderslie Public School, transport and only a short drive to the local shopping centre and golf course. The home has been meticulously maintained by great, longterm tenants of ten plus years who are very eager to stay and renew their lease making this an ideal investment property. Step inside and you will fall in love with the residence with its versatile, open floor plan on offer here today This stunning property boosts 4 large bedrooms, 2 bathrooms, a separate 3rd toilet, and internal access to the double garage. Its perfect for the growing family and features an oversized main bedroom with a huge ensuite and walk in wardrobe 3 remaining bedrooms are all double sized, 2 with BIW and all bedrooms are carpeted along with a generously sized family room. The expansive open floor plan reveals the designer kitchen on display featuring a grand island bench, stainless steel gas appliances and 20mm stone bench tops. This amazing kitchen flows onto to the spacious lounge room and dining area. Additional Property Features Outdoor entertaining alfresco area, big back yard with drive thru access, ducted air conditioning throughout, tiled living areas with too many more features to list, its a must see property. Dont miss out on your chance to enjoy the tranquillity of suburban living. Ill see you at the open"
-
93.4%
-
-
-
-$24,676
3.1%
2.4%
-14.7%
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
$31,200
$44,407
Property Management
+7.7% PA
$2,402
$3,419
Rates
+3.0% PA
$1,272
$1,660
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
$24,149
$34,922
Interest Repayments
$59,400
$59,400
Net Cashflow Before Tax
-$35,251
-$24,478
Depreciation
-
-
Tax Offset
-$10,575
-$7,343
Net Cashflow After Tax
-$24,676
-$17,135
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,068,000
$1,930,690
Loan Balance
I.O
$900,000
$900,000
$168,000
$1,030,690
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2021 Population
Suburbs
Construction - 16.0%
Retail Trade - 13.0%
Health Care and Social Assistance - 10.0%
Education and Training - 9.0%
Others - 52.0%
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