$880K
$131,988
Confidence
High
High
$900,000
Medium
$880,000
Low
$860,000
Confidence
Medium
"Nestled in an elevated position on the outskirts of Morisset CBD, this beautifully finished entertainers home offers the lifestyle you deserve. Crafted with exceptional workmanship by a licensed builder, the property boasts a customized timber deck that overlooks a quality heated pool, all set against the impressive backdrop of the Watagan Mountains. This stunning home features four spacious bedrooms, each equipped with builtin robes. The master suite offers an ensuite and walkin robe, ensuring a private retreat. The stylish kitchen is perfect for the home chef, featuring stone benchtops, a breakfast bar, large pantry, natural gas cooking, and stainless steel appliances all with views of the pool. With flexible living options, the home includes a formal lounge and an open plan livingdining area that seamlessly flows onto the impressive outdoor entertaining space. The timber deck is perfect for socializing with family and friends, complete with a heat bar, outdoor TV, and views of the pool and lowmaintenance yard. The heated pool, framed by travertine paving and glass balustrades, offers endless entertainment with the Watagan Mountains providing a stunning natural backdrop. Additional features of this remarkable home include ducted air conditioning, a powerful 13.2kW solar system with 32 panels, CCTV with remote monitoring, modern hybrid flooring, brand new carpet, and a fibretothenode NBN connection. Stylish barn doors throughout add character and charm, while instantaneous gas hot water ensures modern convenience. Centrally located with easy access to Newcastle, Sydney, and the Hunter Valley, and close to Morisset CBD, Cooranbong CBD, M1 Motorway, Morisset Shopping Centres, and Morisset Railway Station, this property offers the ultimate in convenience. The new Cedar Mill entertainment grounds, with its 30,000capacity amphitheatre, and a range of public and private schools are also nearby. This entertainers paradise wont last long. Dont miss your chance to secure this exceptional lifestyle opportunity contact us today"
-
56.2%
-
-
$65,000
-$19,412
3.4%
2.5%
-14.3%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$880,000
Estimated Purchase Price
$815,000
Stamp Duty
$31,410
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$81,500
Reg. Mortgage
$164
LMI Premium
$20,987
Renovation Costs
-
Total Cash/Equity Required
$136,256
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$27,560
$39,226
Property Management
+7.7% PA
$2,122
$3,020
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
$20,680
$29,998
Interest Repayments
$48,411
$48,411
Net Cashflow Before Tax
-$27,731
-$18,413
Depreciation
-
-
Tax Offset
-$8,319
-$5,524
Net Cashflow After Tax
-$19,412
-$12,889
Assumptions
Year 1
Year 10
Property Value
6.8%
$939,840
$1,699,007
Loan Balance
I.O
$733,500
$733,500
$206,340
$965,507
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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