$1.04M
$195,475
Confidence
High
High
$1,090,000
Medium
$1,045,000
Low
$1,000,000
Confidence
Medium
"Contemporary brick veneer four bedroom residence with two living areas on a level, fully fenced easy to maintain 542m block. Expansive open plan kitchen, dining and living room, with timber look flooring, opening out to the alfresco area. Kitchen with Caesarstone benchtops, stainless steel under bench oven, 5 burner gas cook top and range hood. Walkin pantry, dishwasher and central island. Separate media room. Generous master bedroom with walkin robe, and ensuite. Three additional bedrooms with timber look flooring and builtin robes. Main bathroom with vanity, shower, bath and WC. Internal laundry with external access. Double remote garage with internal access. Ducted heating, back to base alarm system, downlights and rain water tank. Conveniently located 5 minutes away from Mittagongs town centre, 3.1km, shops, cafes, restaurants, local schools and medical facilities. Currently tenanted on fixed lease until 5th December 2024. For more information or to arrange your private inspection call Steven Berlyn on 0406 420 940"
-
68.6%
$980K
3.7%
-$85,000
-$26,305
3.3%
2.6%
-13.6%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$1,050,000
Estimated Purchase Price
$1,130,000
Stamp Duty
$45,585
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$113,000
Reg. Mortgage
$164
LMI Premium
$31,931
Renovation Costs
-
Total Cash/Equity Required
$192,876
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$37,440
$53,289
Property Management
+7.7% PA
$2,883
$4,103
Rates
+3.0% PA
$1,637
$2,136
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
$29,543
$42,643
Interest Repayments
$67,122
$67,122
Net Cashflow Before Tax
-$37,579
-$24,479
Depreciation
-
-
Tax Offset
-$11,274
-$7,344
Net Cashflow After Tax
-$26,305
-$17,135
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,116,060
$2,017,571
Loan Balance
I.O
$1,017,000
$1,017,000
$99,060
$1,000,571
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2021 Population
Suburbs
Health Care and Social Assistance - 14.0%
Retail Trade - 12.0%
Accommodation and Food Services - 11.0%
Education and Training - 9.0%
Others - 54.0%
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