$950K
$150,770
"This impeccable home and shed package is a top shelf choice a level of style and sophistication and a level of presentation that is extremely hard to find. Its a must see This scrumptious home is a blend of charm and character, sophistication and elegance and impeccable presentation from front to back, inside and out. Located in a highly sort semirural culdesac only a few minutes west of the Kempsey Hospital and around the corner from Aldavilla Primary School, this literally is one of the most sort after streets in our area. There has been family follow family to the street, theres been owners buy the property next door in the street and theres been two owners whom sold in the street to buy back bigger and better in the street Theres been doctors, lawyers, police, business owners and the usual retiree whom wish to live in a quiet and classy part of the world while they savor all the efforts of working hard for so many years. 3,464sqm block Quiet culdesac Panoramic heavenly rural and mountain views Approximately 9year young home 4 BED, 2 BATH, 4 GARAGE Featuring 9 ceilings 2.7m Beautiful wide hallwayentrance accentuating the uniqueness sophistication Large openplan living all taking in the soothing rural views Stylish polished timber floor through entire living areas, carpet in bedrooms Main bedroom plantation shutters, ensuite, builtin robes, reverse cycle air conditioning Other bedrooms builtin robes ceiling fans Classic white kitchen that will never date electric oven, gas cook top, dishwasher, spacious work benches and pantry. 3way main bathroom adjacent to the two rear bedrooms Stylish laundry plantation shutters, white porcelain tub custom made utility bench access direct to rear deck Gorgeous big back deck taking in the veiws Internal access from double garage Separate 6.6m x 6.6m Colorbond sheddouble garage Huge full concrete driveway extra parking for 6 cars Still, I must say there is plenty of scope to add your own touches to this home I for one can see black plastic water slide down that back yard with soap flakes, a sprinkler or two and some tyre tubes at the end to bounce into. oh yes, Christmas Day for all the family here you come"
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2021 Population
Suburbs
Health Care and Social Assistance - 17.0%
Retail Trade - 12.0%
Education and Training - 10.0%
Accommodation and Food Services - 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
5.6%
74.9%
-
-
-$485,000
-$30,935
1.7%
1.1%
-20.3%
6.0%
Asking Price
$950,000
Estimated Purchase Price
$910,000
Stamp Duty
$35,685
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$91,000
Reg. Mortgage
$164
LMI Premium
$23,433
Renovation Costs
-
Total Cash/Equity Required
$152,478
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$15,600
$22,204
Property Management
+7.7% PA
$1,201
$1,710
Rates
+3.0% PA
$1,160
$1,514
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
$9,862
$14,574
Interest Repayments
$54,054
$54,054
Net Cashflow Before Tax
-$44,192
-$39,480
Depreciation
-
-
Tax Offset
-$13,258
-$11,844
Net Cashflow After Tax
-$30,935
-$27,636
Assumptions
Year 1
Year 10
Property Value
6.8%
$453,900
$820,543
Loan Balance
I.O
$819,000
$819,000
-$365,100
$1,543
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