$649K
-
"Looking for a home thats movein ready and full of charm Whether your a first home buyer, investor or downsizing, this charming 3 bedroom, 1 bathroom home is set on a spacious 1012m block, offering both comfort and convenience. With the impressive 1012m block, the outdoor space is perfect for gardening, entertaining or even room for more sheds. Almost entirely recently renovated with not much to do, this is a must to inspect, get in quick Single garage off the house plus a powered 6x6m shed for parking and workshop Quality Galley style kitchen with ample storage, rangehood and dual bowl sink Renovated disabled access bathroom and toilet, large dedicated laundry Room for more sheds, gardens, chook pen or even a swimming pool Walking distance to local primary school and nearby parks playgrounds plus new pathway direct link to Woodford for Highschool, public swimming pool. sports fields shops Easy access to the DAguilar Hwy for tradies and less than 20 minutes to Caboolture for private schools and train This property combines the charm of a cozy home with the potential for future growth. Ideal for families, investors, or firsttime buyers looking for a great location and room to grow. Boundary lines are for illustration purposes only"
Below are some similar properties in the area you may be interested in.
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75.5%
$725K
4.8%
-$50,000
-$12,773
4.1%
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Asking Price
$649,000
Estimated Purchase Price
$615,000
Stamp Duty
$20,700
Transfer Fee
$2,078
Conveyancing
$1,665
Deposit (10%)
$61,500
Reg. Mortgage
$224
LMI Premium
$17,366
Renovation Costs
-
Total Cash/Equity Required
$104,083
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$24,960
$35,526
Property Management
+7.7% PA
$1,922
$2,735
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
$18,284
$26,587
Interest Repayments
$36,531
$36,531
Net Cashflow Before Tax
-$18,247
-$9,944
Depreciation
-
-
Tax Offset
-$5,474
-$2,983
Net Cashflow After Tax
-$12,773
-$6,960
Assumptions
Year 1
Year 10
Property Value
6.8%
$603,420
$1,090,840
Loan Balance
I.O
$553,500
$553,500
$49,920
$537,340
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%
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