Withheld
$73,654
Confidence
High
High
$1,650,000
Medium
$1,500,000
Low
$1,350,000
Confidence
Medium
"Auction Location OnSite Set on a floodfree 546sqm allotment boasting a northtotherear aspect, this threebedroom property invites you to create your dream home in soughtafter Corinda. Enjoy as is, renovate or be completely reimagined STCA, this duallevel residence features an impressive swimming pool and a generous rear yard. Positioned amongst established homes in a quiet street, youre greeted with a classic brick facade and mature front gardens. Inside on the upper level, you will find carpeted hardwood floors and a versatile neutral colour palette. Serving as the heart of the residence, a spacious openplan living and dining area is situated on the homes upper level. There is also a covered front balcony looking out to picturesque street views, plus a tidy kitchen displaying a tiled splashback and ample cupboard storage. Downstairs, a versatile multipurpose room leads out to a large fullyfenced grassed rear yard. Benefitting from an enclosed patio and a sparkling inground swimming pool, this sensational outdoor area also has plentiful space for children and pets. Finishing the propertys upper level are three sizeable bedrooms encompassing builtin robes, as well as a main bathroom boasting a separate bath, shower and toilet. Complete with a secure dual tandem garage and another single garage, the residence also includes laundry amenities, a groundlevel toilet, a storagepacked shed, splitsystem airconditioning and 16 solar panels. Close to a multitude of shops and dining options, this excellent home is only a stones throw from Dunlop Parks sporting facilities and George Scarlett Parks playgrounds. The Corinda and Oxley train stations are nearby, as are the Corinda Golf Course and Honour Avenues fashionable attractions. Falling within the Corinda State School and Corinda State High School catchment areas, this fantastic property is also a short distance from Saint Josephs Catholic Primary School, Saint Aidans Anglican Girls School and Christ the King Primary School. Do not delay call to arrange an inspection today. Disclaimer This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes Disclaimer We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement."
-
73.7%
$825K
5.4%
$90,000
-$36,938
2.8%
2.2%
-14.5%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$1,410,000
Stamp Duty
$61,600
Transfer Fee
$5,406
Conveyancing
$1,665
Deposit (10%)
$141,000
Reg. Mortgage
$224
LMI Premium
$43,692
Renovation Costs
-
Total Cash/Equity Required
$254,138
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$39,000
$55,509
Property Management
+7.7% PA
$3,003
$4,274
Rates
+3.0% PA
$1,360
$1,774
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
$30,986
$44,697
Interest Repayments
$83,754
$83,754
Net Cashflow Before Tax
-$52,768
-$39,057
Depreciation
-
-
Tax Offset
-$15,830
-$11,717
Net Cashflow After Tax
-$36,938
-$27,340
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,602,000
$2,896,035
Loan Balance
I.O
$1,269,000
$1,269,000
$333,000
$1,627,035
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2021 Population
Suburbs
Health Care and Social Assistance - 13.0%
Professional, Scientific and Technical Services - 10.0%
Education and Training - 9.0%
Retail Trade - 8.0%
Others - 60.0%
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