$1.1M
$202,575
Confidence
High
High
$1,110,000
Medium
$1,050,000
Low
$990,000
Confidence
Medium
"Timed Sale finishes on Wednesday 30th October 12pm. Successful purchase will be subject to a cooling off period. THIS IS NOT AN ONLINE AUCTION. To register to offer OR to follow this campaign copy the below link into a search engine httpsbuy.realtair.comproperties146100 Presenting a stunning luxury family home at 3 Melanite Street, Leppington which was built in 2018 by Fairmont Homes with no expense spared. This impeccable twolevel residence is perfect for the discerning family seeking modern living, comfort, and convenience in a prime location. Featuring four generously sized bedrooms, each with plush carpet throughout, the master suite is a true retreat, boasting a huge walkin robe WIR and a luxurious ensuite. The additional three bedrooms are equipped with builtin wardrobes, offering ample storage for the whole family. A separate home office with tiled flooring adds versatility, perfect for remote working or study. The heart of this home lies in its sophisticated living spaces. A formal living room with elegant tiled flooring and ducted reversecycle air conditioning ensures yearround comfort. The separate dining room and family room are perfectly positioned for family gatherings and entertainment, all overlooked by a large modern kitchen. Featuring quality gas cooking appliances, including a fiveburner gas cooktop, dishwasher, and ample cupboard space, the kitchen also includes a double sink, a huge walkin pantry, and a spacious island bench with a breakfast bar for casual dining. Openplan living continues as the family room seamlessly flows into a stunning outdoor entertaining area, perfect for alfresco dining and relaxing with family and friends. This overlooks the beautifully landscaped and manicured lawns on a spacious 396.8m2 approx. block, offering plenty of room for outdoor activities. The property also includes a huge internal laundry with direct access to the outside, a main bathroom with a separate bath and shower, and a convenient downstairs powder room for guests. Upstairs, youll find a spacious rumpus room that serves as an additional family living area. The home is complete with a double lockup garage offering internal access, ensuring both convenience and security. Positioned in a soughtafter location, just 750 meters approx. from Emerald Hills Shopping Village, 4 kilometres approx. to Gledswood Hills Public School, 270 meters approx. to Hill Top Park, and only 800 meters approx. from Lakeside Golf Club Camden, this home combines luxury with practicality. Features Include Stunning luxury family home built in 2018 by Fairmont Homes. Four spacious bedrooms, all with plush carpet throughout. Master bedroom features a large walkin robe WIR and a luxurious ensuite. Three additional bedrooms with builtin wardrobes. Separate home office with tiled flooring, perfect for remote work or study. Formal living room with tiled flooring and ducted reversecycle air conditioning. Separate dining room and family room all with tiled flooring. Large upstairs rumpus room for additional living space. Modern kitchen with quality gas cooking appliances, including a five burner gas cooktop and dishwasher. Ample cupboard space, double sink, and huge walkin pantry. Island bench with breakfast bar for casual dining. Family room opens up to a stunning outdoor entertaining area, perfect for alfresco dining. Landscaped and manicured lawns on a spacious 396.8m2 approx. block. Huge internal laundry with direct access outside. Main bathroom with separate bath and shower. Downstairs powder room for guests. Double lockup garage with internal access. 750m approx. to Emerald Hills Shopping Village. 4km approx. to Gledswood Hills Public School. 270m approx. to Hill Top Park. 800m approx. to Lakeside Golf Club Camden. Harcourts has made every effort to obtain the information regarding these listings from sources deemed reliable. However, we cannot warrant the complete accuracy thereof subject to errors, omissions, change of price, prior sale or withdrawal without notice."
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76.4%
$1.25M
3.1%
-$135,000
-$34,720
2.3%
1.8%
-17.1%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$1,100,000
Estimated Purchase Price
$1,185,000
Stamp Duty
$48,230
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$118,500
Reg. Mortgage
$164
LMI Premium
$33,486
Renovation Costs
-
Total Cash/Equity Required
$202,575
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
$1,272
$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
$20,789
$30,140
Interest Repayments
$70,389
$70,389
Net Cashflow Before Tax
-$49,600
-$40,249
Depreciation
-
-
Tax Offset
-$14,880
-$12,075
Net Cashflow After Tax
-$34,720
-$28,174
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,121,400
$2,027,224
Loan Balance
I.O
$1,066,500
$1,066,500
$54,900
$960,724
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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