$1.25M
$242,892
Confidence
Moderate
High
$1,248,000
Medium
$1,136,000
Low
$1,024,000
Confidence
Moderate
"What a fantastic opportunity to buy a new family home on 5 acres in a popular location, ready for you to add the finishing touches. Built less than 12 months ago, this immaculate new 4bedroom home, with a potential 5th bedroom, is ready to offer you the ultimate in comfort, space, and modern living. Enjoy the luxury of openplan living with a seamlessly integrated kitchen, dining, family room, plus separate second living area. Enjoy the views while entertaining family and friends. An extra sitting room between bedrooms 2 3 offers either a quiet retreat, or kids toy room. The main bedroom is generously sized and features a walkin robe leading to a stylish ensuite with a relaxing bathtub and a separate toilet. Stay comfortable yearround with efficient heating and cooling systems designed to suit Wagga Waggas varying climates. This property boasts a massive 5 acres of land, complete with freshly laid turf and new retaining walls. Rural outlook to the rear with views across Springvale from the front of the home. Dont miss this opportunity to live in a spacious, brandnew home surrounded by the beauty of nature."
-
95%
-
-
-$330,000
-$37,172
2.8%
2.3%
-14.6%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$1,300,000
Estimated Purchase Price
$1,465,000
Stamp Duty
$63,630
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$146,500
Reg. Mortgage
$164
LMI Premium
$41,398
Renovation Costs
-
Total Cash/Equity Required
$253,888
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$41,600
$59,210
Property Management
+7.7% PA
$3,203
$4,559
Rates
+3.0% PA
$1,102
$1,438
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
$33,918
$48,807
Interest Repayments
$87,021
$87,021
Net Cashflow Before Tax
-$53,103
-$38,214
Depreciation
-
-
Tax Offset
-$15,931
-$11,464
Net Cashflow After Tax
-$37,172
-$26,750
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,212,180
$2,191,333
Loan Balance
I.O
$1,318,500
$1,318,500
-$106,320
$872,833
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2021 Population
Suburbs
Health Care and Social Assistance - 16.0%
Public Administration and Safety - 12.0%
Retail Trade - 11.0%
Education and Training - 10.0%
Others - 51.0%
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