$950K
$175,529
Confidence
High
High
$1,000,000
Medium
$950,000
Low
$900,000
Confidence
Medium
"Discover the perfect blend of comfort and convenience at 24A Cabbage Tree Palm Crescent, Pelican. This beautifully updated Torrens title townhouse offers a delightful living experience on a 323.5sqm block. This charming home features three spacious, carpeted bedrooms and two modern bathrooms, ensuring ample space for the whole family. The single lockup garage provides internal access and an additional open car space on the driveway. The gourmet kitchen, equipped with gas cooking, a breakfast bar, dishwasher, and double sink, is perfect for preparing delicious meals. The timber living area creates a warm and inviting atmosphere, complemented by ducted air conditioning for yearround comfort. The alfresco area is ideal for outdoor dining and entertaining, while the small but fully fenced yard offers privacy and security. Conveniently, the laundry is located in the garage for easy access. This property is a true gem, offering modern amenities and a lowmaintenance lifestyle. Ideal for families, professionals, or investors looking for a quality home in a soughtafter location. Dont miss out on this opportunity Contact us today to arrange a viewing of 24A Cabbage Tree Palm Crescent, Pelican. Your dream home awaits Approximate Annual Rates Water 1,449.92 pa Council 2,111.20 pa"
5.8%
82.5%
-
-
-$70,000
-$22,224
3.6%
2.8%
-13.0%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$950,000
Estimated Purchase Price
$1,020,000
Stamp Duty
$40,635
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$102,000
Reg. Mortgage
$164
LMI Premium
$26,265
Renovation Costs
-
Total Cash/Equity Required
$171,260
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$36,400
$51,809
Property Management
+7.7% PA
$2,803
$3,989
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
$28,839
$41,611
Interest Repayments
$60,588
$60,588
Net Cashflow Before Tax
-$31,749
-$18,977
Depreciation
-
-
Tax Offset
-$9,525
-$5,693
Net Cashflow After Tax
-$22,224
-$13,284
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,014,600
$1,834,155
Loan Balance
I.O
$918,000
$918,000
$96,600
$916,155
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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