$1.2M
$199,826
Confidence
High
High
$1,200,000
Medium
$1,080,000
Low
$960,000
Confidence
Moderate
"This home in the highly desirable suburb of Elderslie is mustsee. Ducted air conditioning throughout, featuring 4 goodsized bedrooms. The master bedroom has a walkin robe and ensuite, while the other 3 bedrooms have builtin robes. There is a separate media room and family room, along with an additional combined livingdining room. The fully renovated kitchen boasts 40mm stone benchtops, marble tiling, new appliances, a ducted rangehood, and expansive storage spaces with Blum sliding shelves in cupboards and pantries, as well as an oversized fridge space with additional overhead storage. The fully renovated laundry features 20mm stone benchtops, marble tiling, and cabinetry that beautifully matches the kitchen, with underbench space for a washing machine and dryer, plus 5 double overhead cabinets for all your storage needs. If you love entertaining, you will also appreciate the external features of this home, including Covered outside kitchen complete with a 20mm stone benchtop, glass 600mm cooktop, and 900mm ducted rangehood, along with 3 double cupboards. Goodsized alfresco leading to an additional patio area. Luxurious 5person 2.5m spa. Travertine paved BBQopen entertaining area. The backyard is perfect for kids to play, featuring a goodsized grassed area and a concreted area ideal for use as a basketball court or trampoline. Additional features include an alarm system, CCTV system, 2 skylights, and an 8m shed. The garage has been partially converted to a storageworkspace with split system air conditioning and an additional 2 builtin robes, making it perfect if you work or run your business from home, or for use as a parentteenager retreat. The garage still has plenty of room for a family car with epoxy flooring and has the potential to be easily converted back into a double car garage. This property is a mustsee. Call Myechael on 0428252568 to inspect NOTE Agent discloses an interest in this property."
-
69.9%
-
-
-$90,000
-$32,752
2.5%
1.9%
-16.4%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$1,200,000
Estimated Purchase Price
$1,170,000
Stamp Duty
$47,405
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$117,000
Reg. Mortgage
$164
LMI Premium
$33,062
Renovation Costs
-
Total Cash/Equity Required
$199,826
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$29,640
$42,187
Property Management
+7.7% PA
$2,282
$3,248
Rates
+3.0% PA
$1,272
$1,660
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
$22,709
$32,873
Interest Repayments
$69,498
$69,498
Net Cashflow Before Tax
-$46,789
-$36,625
Depreciation
-
-
Tax Offset
-$14,037
-$10,988
Net Cashflow After Tax
-$32,752
-$25,638
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,153,440
$2,085,145
Loan Balance
I.O
$1,053,000
$1,053,000
$100,440
$1,032,145
Below are some similar properties in the area you may be interested in.
Location, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
2021 Population
Suburbs
Construction - 16.0%
Retail Trade - 13.0%
Health Care and Social Assistance - 10.0%
Education and Training - 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