$850K
$156,746
Confidence
Medium
High
$870,000
Medium
$850,000
Low
$830,000
Confidence
Medium
"38 Scott Street, Wolumla is an immaculate 4bedroom residence offering a blend of comfort and practicality, ideal for growing families. With two modern bathrooms, this home ensures convenience for everyone. The openplan design with an adjoining covered deck creates a spacious and welcoming atmosphere, perfect for both relaxing and entertaining. The property features a double garage with ample storage space, catering to all your practical needs. A generous, secure yard provides a safe environment for children and pets, making outdoor living a pleasure. Located in the heart of Wolumla village, this home is situated in a community known for its strong sporting culture and appeal to younger families. This is your chance to enjoy the peaceful village lifestyle with all the conveniences of modern living."
-
88.9%
$692K
3.7%
-$65,000
-$21,011
3.4%
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
$850,000
Estimated Purchase Price
$915,000
Stamp Duty
$35,910
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$91,500
Reg. Mortgage
$164
LMI Premium
$23,562
Renovation Costs
-
Total Cash/Equity Required
$153,331
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
$1,086
$1,417
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
$24,335
$35,165
Interest Repayments
$54,351
$54,351
Net Cashflow Before Tax
-$30,016
-$19,186
Depreciation
-
-
Tax Offset
-$9,005
-$5,756
Net Cashflow After Tax
-$21,011
-$13,430
Assumptions
Year 1
Year 10
Property Value
6.8%
$907,800
$1,641,086
Loan Balance
I.O
$823,500
$823,500
$84,300
$817,586
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2021 Population
Suburbs
Health Care and Social Assistance - 15.0%
Retail Trade - 13.0%
Accommodation and Food Services - 11.0%
Manufacturing - 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