$889K
$157,319
Confidence
High
High
$885,000
Medium
$855,000
Low
$825,000
Confidence
Medium
"Features at a glance Four bedrooms with ceiling fans main with walkin robe, ensuite, and deck access Lightfilled family room with high raked ceilings and polished timber floors Adjacent sunken lounge with wood heater Modern kitchen with gas cooktop, electric oven, dishwasher, ample storage, and breakfast bar Large outdoor wrap around deck overlooking a private, fully fenced backyard with a cubby house and garden shed Ducted airconditioning, polished timber floors, and plantation shutters to name a few extras Double lockup garage, set on a peaceful 1,351m2 allotment with lush and easy maintenance gardens Prime Middle Ridge location, 400m from Middle Ridge Golf Club, close to schools, parks, and shops Welcome to 186 Rowbotham Street, a stunning character home that perfectly blends charm and sophistication, set in the highly desirable suburb of Middle Ridge. This beautiful residence offers easy family living in a peaceful and private setting, surrounded by lush gardens and treelined serenity. Ducted airconditioning throughout the home ensures comfort all year round, while plantation shutters add a touch of elegance. As you step onto the front covered porch, youll immediately feel the inviting warmth of this home. Inside, youll find four bedrooms, each fitted with ceiling fans and plantation shutters, and three with builtin robes. The main bedroom is a true retreat, complete with a stylish ensuite, walkin robe, and doors leading directly to the outdoor deck, offering a perfect escape at the end of the day. The heart of the home is the impressive, lightfilled family room, featuring highraked ceilings and polished timber flooring that flows seamlessly into the sunken lounge. The sunken lounge room, with its cozy wood heater and large windows that capture the sun, offers a perfect space to unwind while enjoying views of the expansive rear timber deck. Cooking will be a delight in a wellequipped kitchen, with quality appliances, including a gas cooktop, electric oven, rangehood, and dishwasher. The kitchen is designed with functionality in mind, offering an abundance of quality cupboards and drawers, a goodsized pantry, and plenty of bench space, including a breakfast bar that is perfect for casual dining. The home also features a modern family bathroom with a separate bath and shower, a convenient separate toilet, and a laundry with builtin bench and storage. Outdoor living is a dream, with a large wraparound deck providing ample space for entertaining or simply relaxing while watching the kids play in the large, fully fenced and private backyard. The backyard is a true oasis, complete with a kids cubby house, garden shed, and plenty of green lawn, all set on a private 1,351m allotment. The location of this home is truly second to none. Middle Ridge is renowned for its leafy streets, prestigious homes, and proximity to topquality amenities. Located just 400m from Middle Ridge Golf Club and close to parklands, schools, and shopping, this home offers the perfect blend of convenience and tranquillity. Whether youre seeking a spacious family home, an entertainers dream, or a property in one of Toowoombas most desirable suburbs, 186 Rowbotham Street offers it all. Embrace the opportunity to secure a beautiful home in a prime location that promises a lifestyle of comfort, convenience, and luxury for years to come. Dont miss out on this exceptional opportunity to live in prestigious Middle Ridgewhere location, lifestyle, and elegance meet. General rates currently 1,801.20 net per half year Water rates currently 315.29 net per half year plus consumption Primary school state catchment Gabbinbar State School High school state catchment Centenary Heights State High School"
-
98.3%
$1.48M
2.4%
-$55,000
-$23,151
3.1%
2.3%
-14.8%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$889,000
Estimated Purchase Price
$910,000
Stamp Duty
$33,975
Transfer Fee
$3,300
Conveyancing
$1,665
Deposit (10%)
$91,000
Reg. Mortgage
$224
LMI Premium
$25,696
Renovation Costs
-
Total Cash/Equity Required
$156,410
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
$1,766
$2,304
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
$20,981
$30,504
Interest Repayments
$54,054
$54,054
Net Cashflow Before Tax
-$33,073
-$23,550
Depreciation
-
-
Tax Offset
-$9,922
-$7,065
Net Cashflow After Tax
-$23,151
-$16,485
Assumptions
Year 1
Year 10
Property Value
6.8%
$913,140
$1,650,740
Loan Balance
I.O
$819,000
$819,000
$94,140
$831,740
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2021 Population
Suburbs
Health Care and Social Assistance - 16.0%
Education and Training - 11.0%
Retail Trade - 10.0%
Manufacturing - 7.0%
Others - 56.0%
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