$590K
$97,837
"Welcome to your new home, set in a lovely, quiet neighborhood and tailored for comfort, convenience, and luxury living. This impeccable 3 bedroom, 2 bathroom modern home offers a seamless blend of contemporary design and comfort, tailored to cater to your every need. Experience the spaciousness with an open plan layout that seamlessly integrates the living, dining, and kitchen areas. This design provides a sense of connectivity and allows for effortless entertaining or quiet relaxation. Ready to relax Retreat to a private sanctuary in the separate lounge area, ideal for cozying up with a book, watching your favorite shows, or entertaining guests away from the main living spaces. Enjoy year round comfort with ducted heating and cooling, ensuring the perfect climate regardless of the season. Stay cozy in winter and refreshed in summer, all at the touch of a button. Step outside to your own oasis a charming alfresco area adorned with glass doors that seamlessly blend indoor and outdoor living. Enjoy the gentle breeze and entertain guests alfresco style, all while being comforted by the soothing presence of a ceiling fan. Outside the home and convenience meets practicality with side access providing easy entry and exit for vehicles, trailers, or outdoor equipment, adding a layer of functionality to your lifestyle while the double lockup garage offers a secure space for your vehicles and ample space for storage. Enjoy the lifestyle of leisure and recreation with close proximity to the local golf club. Whether youre a seasoned golfer or a novice enthusiast, indulge in your passion for the game just moments away from your doorstep. A sought after locale, this home also boasts proximity to local schools, further sporting facilities and amenities, ensuring effortless access to everything you need for a fulfilling lifestyle while catering to young families, downsizers and retirees. Contact us today to schedule a private viewing and experience the allure of this exceptional property firsthand"
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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
Agriculture, Forestry and Fishing - 19.0%
Manufacturing - 17.0%
Accommodation and Food Services - 12.0%
Retail Trade - 8.0%
Others - 44.0%
Average Income
Average Population
projected
for 2024 to 2026
Average Days of Supply
-
75.7%
$550K
4.5%
-$60,000
-$12,857
3.8%
2.8%
-13.1%
6.0%
Asking Price
$590,000
Estimated Purchase Price
$590,000
Stamp Duty
$21,285
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$59,000
Reg. Mortgage
$164
LMI Premium
$15,193
Renovation Costs
-
Total Cash/Equity Required
$97,837
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$22,360
$31,825
Property Management
+7.7% PA
$1,722
$2,451
Rates
+3.0% PA
$583
$761
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
$16,678
$24,208
Interest Repayments
$35,046
$35,046
Net Cashflow Before Tax
-$18,368
-$10,838
Depreciation
-
-
Tax Offset
-$5,510
-$3,251
Net Cashflow After Tax
-$12,857
-$7,587
Assumptions
Year 1
Year 10
Property Value
6.8%
$566,040
$1,023,266
Loan Balance
I.O
$531,000
$531,000
$35,040
$492,266
Did you know you need to engage a conveyancer when buying a property?
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