$755K
$128,926
"This fantastic property is ready for the astute buyer to move in and put their own stamp on the property. This property has great bones and expansive floor plan to either leave as is or renovate to your taste. Rear deck overlooking the lovely gardens with a serene view of the cows in the paddock behind the property bringing the country to suburbia. Downstairs has a large built in rumpus 2nd toilet, tandem lock up garage with garage doors on either end together with plenty of additional storage. As good as this house is theres plenty of potential to add value. Property features Polished floors throughout Expansive eat in kitchen with loads of cupboard space Main bathroom with shower over the bath tub 3 Good sized Built in bedrooms Front balcony overlooking the family friendly street Back Balcony overlooking the low maintenance back yard Fully fenced low maintenance yard with water tank and garden shed at the rear Tandem lock up garages with garage doors at front and rear plus an additional highset carport out the front 594m2 Land size Dont miss the opportunity to make 1 Brendale Street your forever home. Contact us today to arrange a viewing"
Below are some similar properties in the area you may be interested in.
-
65.7%
-
-
$30,000
-$14,787
4.0%
3.0%
-12.1%
6.0%
Asking Price
-
Estimated Purchase Price
$720,000
Stamp Duty
$25,425
Transfer Fee
$2,499
Conveyancing
$1,665
Deposit (10%)
$72,000
Reg. Mortgage
$224
LMI Premium
$20,331
Renovation Costs
-
Total Cash/Equity Required
$122,695
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
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
$21,644
$31,369
Interest Repayments
$42,768
$42,768
Net Cashflow Before Tax
-$21,124
-$11,399
Depreciation
-
-
Tax Offset
-$6,337
-$3,420
Net Cashflow After Tax
-$14,787
-$7,979
Assumptions
Year 1
Year 10
Property Value
6.8%
$801,000
$1,448,017
Loan Balance
I.O
$648,000
$648,000
$153,000
$800,017
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewLocation, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
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
Average Days of Supply