Withheld
$257,049
"Nestled in the serene surroundings of Bunya, this exceptional lowset residence is the perfect private oasis for families. With 7 bedrooms and 3 bathrooms, it offers a harmonious blend of versatility and practicality on a generous 6,000 m block. Designed for extended families, this property provides ample space, comfort, and privacy, making it an ideal retreat for modern living. Enjoy dual living with two separate living areas, providing ample space for family and guests. Multiple family rooms offer flexibility for various activities and gatherings. 7 spacious bedrooms, each with builtin robes and ceiling fans for comfort. Outdoor entertaining space, featuring a covered deck, is ideal for hosting events. A primary kitchen featuring gas cooking, along with a secondary kitchenette, perfect for accommodating extended family or guests. Three bathrooms and three toilets to accommodate the needs of the household. Two laundries, managing chores becomes a breeze. Energy efficiency is enhanced by solar panels and a heat pump hot water system. Opportunity for Expansion Potential to add an additional dwelling on the property. Enjoy plenty of parking space with five designated car spots available Nestled in tranquil surroundings, this home offers a peaceful retreat Located in Bunya, the closest acreage estates to the CBD on the northside, youll enjoy easy access to schools, shops, restaurants, public transport, medical facilities, parks, sporting grounds, cycling trails, and walking tracks. Dont miss this onceinalifetime opportunity 6.5km to Seedlings Early Learning 4.4km to Patricks Road State School 5.8km to Ferny Grove High School 9.5km to Albany Hills State School"
Below are some similar properties in the area you may be interested in.
-
91%
$1.59M
2.9%
-
+
22.3%
20.3%
55.0%
6.0%
Asking Price
-
Estimated Purchase Price
$1,820,000
Stamp Duty
$85,175
Transfer Fee
$7,134
Conveyancing
$1,665
Deposit (10%)
$182,000
Reg. Mortgage
$224
LMI Premium
$56,397
Renovation Costs
-
Total Cash/Equity Required
$333,145
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$405,600
$577,295
Property Management
+7.7% PA
$31,231
$44,452
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
$369,615
$526,641
Interest Repayments
$108,108
$108,108
Net Cashflow Before Tax
$261,507
$418,533
Depreciation
-
-
Tax Offset
$78,452
$125,560
Net Cashflow After Tax
$183,055
$292,973
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,943,760
$3,513,856
Loan Balance
I.O
$1,638,000
$1,638,000
$305,760
$1,875,856
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 Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price