Withheld
$89,038
"Positioned in the heart of Trinity Beach, this partially renovated block home is perfect for those entering the property market or those looking to downsize. Offering light and bright interiors and a beautifully designed new kitchen, most of the hard work is already done for you. The large block provides side access and the options to add a shed, pool or both. This is an opportunity to secure a home with plenty of potential in a soughtafter location for an affordable price. 735m2 block, quiet and convenient location Solid concrete block construction, side access Three generous bedrooms, one three way bathroom Renovated modern kitchen, timber look hybrid flooring, internally painted Air conditioning throughout, abundant natural light Covered back patio, external laundry Large fenced backyard, with plenty of front yardestablished tropical gardens, low maintenance lawns Double roller door carport, garden shed Rear access to external clothes line 850m approx. to Trinity Beach State School, 3.4km approx. to Smithfield High State School, 2.1km approx. to Trinity Beach Esplanade, 1.4km approx. to Coastwatchers Shopping Centre Disclaimer All information provided has been obtained from sources we believe to be accurate. However, we cannot guarantee the information is accurate and accept no liability for errors or omissions, including but not limited to a propertys land size, floor plans and size, building age and condition. Interested parties should make their own enquiries and obtain their own legal advice."
Below are some similar properties in the area you may be interested in.
3%
54.8%
$645K
4.8%
$100,000
-$11,743
4.3%
3.1%
-11.6%
6.0%
Asking Price
$600,000
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
$26,000
$37,006
Property Management
+7.7% PA
$2,002
$2,849
Rates
+3.0% PA
$1,482
$1,934
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
$18,865
$27,459
Interest Repayments
$35,640
$35,640
Net Cashflow Before Tax
-$16,775
-$8,181
Depreciation
-
-
Tax Offset
-$5,033
-$2,454
Net Cashflow After Tax
-$11,743
-$5,727
Assumptions
Year 1
Year 10
Property Value
6.8%
$747,600
$1,351,483
Loan Balance
I.O
$540,000
$540,000
$207,600
$811,483
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%
Accommodation and Food Services - 11.0%
Retail Trade - 11.0%
Education and Training - 9.0%
Others - 54.0%
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