$570K
$102,106
"Currently leased for 550 per week Discover the perfect blend of modern living and comfort in this stunning 4 bedroom, 2 bathroom home located at 21 Prior Circuit, West Kempsey. Situated on a generous 484 sqm block, this home built by Perry Homes in 2016 is a testament to contemporary design and convenience. Key Features Bedrooms Bathrooms Four bedrooms including a spacious master suite boasting an ensuite and walkin wardrobe, while the other three bedrooms offer builtin wardrobes, perfect for the family. The main bathroom features a generous bathtub and a separate toilet for added convenience. Living Spaces Enjoy the seamless flow of tiled floors throughout the entire home, leading to a spacious open plan living, dining, and kitchen area. The kitchen is a chefs delight, equipped with Caesar Stone benchtops, a walkin pantry, 900mm gas cooktop with electric oven, double sink, underbench dishwasher, and large fridge space with plumbedin water. Comfort Amenities Stay comfortable yearround with two split system air conditioners, one in the master bedroom and another in the living room. Embrace sustainable living with a 6.6kw solar system in place. Outdoor Delights Entertain and unwind in the covered alfresco area with timber decking, a perfect space for family gatherings. The lowmaintenance backyard is secure with full Colourbond fencing, ensuring safety for both kids and pets. Additionally, theres is plenty of space around the side of the home, this accommodates the wall hung clothesline, covered garden shed and still leaves room for the kids with the current owners having a trampoline and swing set, this provides ample room for family fun. Additional Features Ceiling fans Linen cupboard Internal laundry with storage Colourbond fencing Water tank LED downlights Vertical blinds Insect screens on windows and back door Wall hung clothesline This property presents an exceptional opportunity for those seeking a modern, familyfriendly home in a desirable location. Dont miss out on making 21 Prior Circuit West Kempsey your new address. Enquire now to book your inspection DISCLAIMER The information contained in the advertising of this property is based on information provided to the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters."
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1.5%
69.7%
$570K
4.7%
-$220,000
-$14,637
3.5%
2.5%
-14.3%
6.0%
Asking Price
$570,000
Estimated Purchase Price
$615,000
Stamp Duty
$22,410
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$61,500
Reg. Mortgage
$164
LMI Premium
$15,836
Renovation Costs
-
Total Cash/Equity Required
$102,106
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$21,840
$31,085
Property Management
+7.7% PA
$1,682
$2,394
Rates
+3.0% PA
$1,160
$1,514
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
$15,621
$22,772
Interest Repayments
$36,531
$36,531
Net Cashflow Before Tax
-$20,910
-$13,759
Depreciation
-
-
Tax Offset
-$6,273
-$4,128
Net Cashflow After Tax
-$14,637
-$9,631
Assumptions
Year 1
Year 10
Property Value
6.8%
$421,860
$762,623
Loan Balance
I.O
$553,500
$553,500
-$131,640
$209,123
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Health Care and Social Assistance - 17.0%
Retail Trade - 12.0%
Education and Training - 10.0%
Accommodation and Food Services - 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