$620K
$102,960
Confidence
High
High
$640,000
Medium
$610,000
Low
$580,000
Confidence
High
"If youre an investor, this property is risk free as it comes backed by a 12month rental guarantee. Speak to the Love Team to find out more. This property is an exceptional choice for firsttime buyers, those looking to downsize with minimal yard maintenance, or investors seeking a promising opportunity. Featuring an openplan lounge and dining area, three bedrooms including a main bedroom with an ensuite along with two garages and a workshop, this home offers both comfort and practicality. The lowmaintenance yard ensures ease of upkeep. Located conveniently near Fassifern Station and both private and public schools, this home provides both accessibility and convenience. It is currently leased until June 2025, allowing you to benefit from rental income until youre ready to move in. With a home like this, you wont have to compromise have that extra bathroom, that extra garage and workshop and that lowmaintenance yard. This is the home youve been looking for. Call us on 02 4958 8555 to book an inspection to find out for yourself"
-
79.3%
$538K
5.7%
-
-$13,912
3.8%
2.7%
-13.7%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$610,000
Estimated Purchase Price
$610,000
Stamp Duty
$22,185
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$61,000
Reg. Mortgage
$164
LMI Premium
$15,708
Renovation Costs
-
Total Cash/Equity Required
$101,253
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$22,880
$32,565
Property Management
+7.7% PA
$1,762
$2,508
Rates
+3.0% PA
$1,381
$1,802
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
$16,360
$23,850
Interest Repayments
$36,234
$36,234
Net Cashflow Before Tax
-$19,874
-$12,384
Depreciation
-
-
Tax Offset
-$5,962
-$3,715
Net Cashflow After Tax
-$13,912
-$8,669
Assumptions
Year 1
Year 10
Property Value
6.8%
$651,480
$1,177,721
Loan Balance
I.O
$549,000
$549,000
$102,480
$628,721
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2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 14.0%
Construction - 9.0%
Education and Training - 9.0%
Others - 50.0%
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