Withheld
$66,383
"The Osswald Team is proud to present an exceptional opportunity to own a spacious home nestled in one of Banksia Beachs most coveted areas. This versatile residence boasts 4 bedrooms, 2 bathrooms, 3 generous living spaces, and a double lockup garage. Notably, it features 2 kitchens, making it ideal for those seeking a dual living arrangement. Positioned at the tranquil end of a culdesac, the home offers nice views of the serene Pumicestone Passage. With fishing, boating, and swimming just a stones throw away, outdoor enthusiasts will delight in the convenient access to waterfront activities. Alternatively, for those who are simply looking for relaxation, the stunning sunset is always a magical experience from the comfort of this home. The lush backyard provides a picturesque setting, complemented by a sizable covered outdoor area accessible from two of the three living spaces. Additionally, a spacious shed adds further practicality to the property. For those eager to explore this remarkable home firsthand, please dont hesitate to contact the Osswald Team at 0407 836 508 to schedule your private inspection. Notable features 4 bedroomsm 3 BIR plus 1 WIR 2 Bathrooms incl. ensuite to master 3 living areas 2 kitchens Laundry Separate toilet DLUG Split system aircon in living area Covered outdoor entertainment area Fenced Ceiling fans in bedrooms and 1 living area Spear pump Shed"
Below are some similar properties in the area you may be interested in.
-
79.7%
$824K
4.1%
$15,000
-$23,261
3.5%
2.8%
-12.8%
6.0%
Asking Price
-
Estimated Purchase Price
$1,045,000
Stamp Duty
$40,613
Transfer Fee
$3,890
Conveyancing
$1,665
Deposit (10%)
$104,500
Reg. Mortgage
$224
LMI Premium
$29,508
Renovation Costs
-
Total Cash/Equity Required
$180,950
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$36,400
$51,809
Property Management
+7.7% PA
$2,803
$3,989
Rates
+3.0% PA
$1,103
$1,439
Water
+3.0% PA
$1,401
$1,828
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$28,843
$41,616
Interest Repayments
$62,073
$62,073
Net Cashflow Before Tax
-$33,230
-$20,457
Depreciation
-
-
Tax Offset
-$9,969
-$6,137
Net Cashflow After Tax
-$23,261
-$14,320
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,132,080
$2,046,531
Loan Balance
I.O
$940,500
$940,500
$191,580
$1,106,031
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 - 15.0%
Retail Trade - 14.0%
Education and Training - 11.0%
Construction - 10.0%
Others - 50.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price