$879K
$131,567
"The phone enquiry code for this property is 1015 This character filled 3 bedroom home situated on a large block will tick the boxes for the savviest of buyers. The home features elegant ornate plaster ceilings and cornices paired with polished floors throughout the bedrooms and the generous livingdining space. Flowing from the lounge area there is a sunroom on the front of the house. The house has a sturdy brick cavity exterior and internal rendered eleven inch solid brick walls. The roof is finished with a glazed terracotta tile. This house was built to stand the test of time. The large original kitchen is endearing. With a servery window through to the dining area it provides a great opportunity for entertaining. For those who enjoy fitness or have an artistic flair the studio sits seperate from the house. There is a three space carport to the side of the studio and side access for boats, caravans and alike. The large 1085m2 block has abundant potential. A large cleared area at the rear of the studio is a blank canvas. Within walking distance to transport, schools, shops and medical centres this is situated in a convenient location. This property is being sold by negotiation. The home will be open for inspection by appointment. To speak with the owner please dial the number on the ad and you will be put through."
Below are some similar properties in the area you may be interested in.
-
67.4%
$593K
4.3%
-
-$17,970
3.4%
2.5%
-14.2%
6.0%
Asking Price
-
Estimated Purchase Price
$740,000
Stamp Duty
$26,325
Transfer Fee
$2,584
Conveyancing
$1,665
Deposit (10%)
$74,000
Reg. Mortgage
$224
LMI Premium
$20,896
Renovation Costs
-
Total Cash/Equity Required
$126,244
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$24,960
$35,526
Property Management
+7.7% PA
$1,922
$2,735
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
$18,284
$26,587
Interest Repayments
$43,956
$43,956
Net Cashflow Before Tax
-$25,672
-$17,369
Depreciation
-
-
Tax Offset
-$7,702
-$5,211
Net Cashflow After Tax
-$17,970
-$12,158
Assumptions
Year 1
Year 10
Property Value
6.8%
$790,320
$1,428,711
Loan Balance
I.O
$666,000
$666,000
$124,320
$762,711
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