$649K
$98,759
"This exciting property is a perfect blend of old world charm, modern day comforts and convenience. From this address you can literally walk to town, Bunnings, the citys cafes and restaurants, rail, schools and so much more. A real surprise package, other features include remote double entrance gates, a double carport and powered shed. Hidden from street view is a private outdoor entertaining area, plus an extended deck, ideal for large family gatherings or intimate nights around the fire pit. All of yester years features are here to enjoy, including a gorgeous front entry off the verandah, pine timber floor boards, soaring ceilings and V.J walls. Both the kitchen and bathroom have been updated and modified, and the cook of the home will appreciate natural gas on demand. Further Features Fully airconditioned Builtin wardrobes Dual drive ways to park Caravanstrailers etc. Powered shed double carport 1.5 bathrooms Separate Lounge and dining rooms Solar panels galore Storage under Private rear deck covered entertaining area Walk to CBD, schools, Bunnings and more Elevated location with mountain views Fully fenced with remote access gates Available now and in time for Christmas, your dream home awaits."
Below are some similar properties in the area you may be interested in.
3.3%
40.2%
$510K
4.3%
$50,000
-$13,382
3.9%
2.8%
-13.2%
6.0%
Asking Price
$649,000
Estimated Purchase Price
$600,000
Stamp Duty
$20,025
Transfer Fee
$1,994
Conveyancing
$1,665
Deposit (10%)
$60,000
Reg. Mortgage
$224
LMI Premium
$16,942
Renovation Costs
-
Total Cash/Equity Required
$101,401
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
Rates
+3.0% PA
$1,424
$1,858
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
$16,523
$24,119
Interest Repayments
$35,640
$35,640
Net Cashflow Before Tax
-$19,117
-$11,521
Depreciation
-
-
Tax Offset
-$5,735
-$3,456
Net Cashflow After Tax
-$13,382
-$8,065
Assumptions
Year 1
Year 10
Property Value
6.8%
$694,200
$1,254,948
Loan Balance
I.O
$540,000
$540,000
$154,200
$714,948
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 - 14.0%
Manufacturing - 12.0%
Retail Trade - 11.0%
Education and Training - 11.0%
Others - 52.0%
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