$749K
$119,146
"This residence offers a spacious layout, modern amenities, and a large backyard ideal for endless family fun and entertaining. Step inside and lets explore everything this fantastic home has to offer As you enter, youre greeted by an inviting open plan living, dining, and kitchen space thats perfect for both everyday living and entertaining. The recently renovated kitchen features sleek laminate benchtops, Subway tiles splashback and top notch appliances. With direct access to the entertainment deck, its easy to take the party outdoors or enjoy a quiet meal with family. The dining and lounge areas are designed for comfort and relaxation, equipped with a ceiling fan, air conditioning unit, and stylish venetian blinds. The space is bathed in natural light thanks to downlights and sheer curtains, creating a warm and welcoming atmosphere. Downstairs, youll find a versatile multipurpose room thats perfect for any family need. This spacious area includes its own bathroom and a kitchenette, making it an ideal setup for a teenage retreat or even a guest suite. The rooms flexibility ensures it can adapt to your changing needs, offering convenience and privacy. Step outside and discover your own backyard paradise. The expansive grass area is beautifully framed by garden beds, providing a lush and vibrant setting for outdoor activities. The entertainment deck is a highlight, featuring a ceiling fan, blinds to block out the sun, and ample space for gatherings. With drivethrough access and a 3x3m shed, youll have plenty of room for storage and easy access. The homes bedrooms are designed with relaxation in mind, each equipped with ceiling fans, venetian blinds, and builtin robes with mirrored doors. These thoughtful features ensure comfort and style, creating cozy retreats for every family member. The main bathroom offers a separate bath, single vanity, and a separate toilet, catering to the needs of a busy household. For added convenience, the laundry is located in the garage, making chores easier to manage. Feature Polished Cypress Pine Flooring Large multipurpose space downstairs, with its own bathroom and kitchenette Recently renovated kitchen with direct access to back deck Open plan living Large outdoor area 3X3m Shed Drive through access as well as lock up garage for 2 cars Laundry located in garage School Catchment Zone Lawnton State School Bray Park State High School Location Petrie Shopping Village 7 minutes approx One Mile Golf Course 5 minutes approx Woolworths Warner Village 5 minutes approx Warner Tavern 5 minutes approx Lawnton Train Station 5 minutes approx Lawnton State School 4 minutes approx Bray Park State High School 5 minutes approx Brisbane CBD 35 minutes approx Brisbane Airport 26 minutes approx"
Below are some similar properties in the area you may be interested in.
-
75.4%
$710K
4.4%
$40,000
-$14,371
4.0%
3.0%
-11.9%
6.0%
Asking Price
$749,000
Estimated Purchase Price
$710,000
Stamp Duty
$24,975
Transfer Fee
$2,457
Conveyancing
$1,665
Deposit (10%)
$71,000
Reg. Mortgage
$224
LMI Premium
$20,049
Renovation Costs
-
Total Cash/Equity Required
$120,920
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
$42,174
$42,174
Net Cashflow Before Tax
-$20,530
-$10,805
Depreciation
-
-
Tax Offset
-$6,159
-$3,241
Net Cashflow After Tax
-$14,371
-$7,563
Assumptions
Year 1
Year 10
Property Value
6.8%
$801,000
$1,448,017
Loan Balance
I.O
$639,000
$639,000
$162,000
$809,017
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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