$1.5M
$287,790
Confidence
High
High
$1,100,000
Medium
$965,000
Low
$930,000
Confidence
High
"Discover the charm of a captivating character home situated opposite Nattai PondsRenwick estates, complete with a separate twobedroom cottage that generates income, plus the perfect studio for artisans or hobbyists. Nestled on a 1656m2 block with easy access to the Freeway the main residence boasts 9ft ceilings, fresh carpet, timber flooring in the kitchen and formal dining room, the elegant features further enhance the appeal. The spacious master suite features a walkin robe and ensuite, while the other two bedrooms also include robes. The chic kitchen, serving as the homes focal point, is equipped with an Ariston 900mm stove, Caesarstone countertops, dishwasher, and plentiful storage. The light and bright family room offers French door access to the covered verandah, and the slow combustion wood fire adds to the formal lounges ambiance. Both the main bathroom and ensuite have been exquisitely renovated to match the homes style. The separate cottage features two bedrooms with mirrored robes, openplan living, dining, and kitchen area with gas cooking and dishwasher, reverse cycle split system, and a combined bathroom and laundry. It also includes a covered verandah and car parking, strategically placed to ensure each occupants privacy. Additionally, the standalone studio with bathroom facilities offers great flexibility, suitable for a home office, teenage retreat, or artisanhobbyist workshop. This very special property is available to view at open house or by appointment only."
-
68.6%
$980K
3.7%
-$650,000
-$48,823
2.1%
1.6%
-17.4%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$1,500,000
Estimated Purchase Price
$1,615,000
Stamp Duty
$71,880
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$161,500
Reg. Mortgage
$164
LMI Premium
$45,636
Renovation Costs
-
Total Cash/Equity Required
$281,376
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,800
$48,108
Property Management
+7.7% PA
$2,603
$3,704
Rates
+3.0% PA
$1,637
$2,136
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
$26,183
$37,861
Interest Repayments
$95,931
$95,931
Net Cashflow Before Tax
-$69,748
-$58,070
Depreciation
-
-
Tax Offset
-$20,924
-$17,421
Net Cashflow After Tax
-$48,823
-$40,649
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,030,620
$1,863,116
Loan Balance
I.O
$1,453,500
$1,453,500
-$422,880
$409,616
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2021 Population
Suburbs
Health Care and Social Assistance - 14.0%
Retail Trade - 12.0%
Accommodation and Food Services - 11.0%
Education and Training - 9.0%
Others - 54.0%
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