$1.18M
$218,152
Confidence
High
High
$1,200,000
Medium
$1,050,000
Low
$900,000
Confidence
Medium
"This qualitybuilt home located in the tranquil village of Balmoral, is set on a generous, landscaped 1621sqm parcel and blends a semirural lifestyle with peace and privacy, all within easy access to the village. Style, space and modern conveniences are immediately evident in the spotted gum floors, wide hallway entrance and high ceilings. The expansive layout boasts oversized bedrooms, spacious living areas, and a modern country kitchen equipped with a wide island bench and breakfast bar perfect for culinary enthusiasts. Thoughtful design enhances the sense of space and comfort throughout, with an abundance of storage and a flexible floor plan to suit a range of lifestyles. The unique lower level is a standout feature, complete with a full bathroom and laundry, a billiards room and rumpusbarMan Cave, suitable for a variety of uses. The wraparound Merbau timber verandah at the rear overlooks the stunning valley to the east. Enjoy breathtaking views and allday sun which floods the living, dining and kitchen area and moves across to the loungeroom and front deck for sundowners. The meticulously landscaped garden is gently sloping with tiered areas flanked with stonework and features a firepit area, which is the perfect place to bask in the stunning views over the surrounding native bush. Enjoy a private and semirural lifestyle without compromising on convenience with easy access to the villages of Balmoral and Hill Top and both Hill Top and Buxton public schools nearby, as well as approximately just a 15 minute drive to the Hume Motorway. Features include 219sqm floor plan Threephase power throughout the entire residence Quality brick construction with Colorbond roof Large living room, spacious family room and dining room Modern kitchen with wide island bench and breakfast bar Eastfacing verandah and Merbau hardwood wraparound deck Multiple linenstorage closets Powerful ducted cooling heating system 26 solar panels10KW system Endeavour combustion stove Gas bayonets New gas hot water system NBN, security system and new external lighting Full side access via new driveway, with ample space for van, boat or cars Versatile lower level until recently a bedroom for living or entertaining EnviroCycle septic 20,000L water tank Aviary Fully landscaped with the best quality drainage"
-
86.8%
-
-
-$190,000
-$28,191
3.4%
2.7%
-13.3%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$1,180,000
Estimated Purchase Price
$1,240,000
Stamp Duty
$51,255
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$124,000
Reg. Mortgage
$164
LMI Premium
$35,040
Renovation Costs
-
Total Cash/Equity Required
$212,655
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
$1,637
$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
$33,383
$48,108
Interest Repayments
$73,656
$73,656
Net Cashflow Before Tax
-$40,273
-$25,548
Depreciation
-
-
Tax Offset
-$12,082
-$7,664
Net Cashflow After Tax
-$28,191
-$17,883
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,121,400
$2,027,224
Loan Balance
I.O
$1,116,000
$1,116,000
$5,400
$911,224
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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