Withheld
$124,469
"WANTED NEW FAMILY FOR THIS BUSHLAND RETREAT This wellestablished home sits on an acreage down a quiet road, hidden in a peaceful location, surrounded by nature and greenery. This property also backs onto a large nature reserve on two boundaries which presents opportunity to explore the surrounding bush to the dam. This unique home offers space, peace and tranquility, with spacious rooms and multiple, living areas. Although this home consists of three bedrooms, it could potentially easily be converted into a fourbedroom home. The large adjoining double garage also offers opportunity for conversion for larger families. Convenience is key with this property, as its conveniently located close to Dakabin and Kallangur for schools, shops, and public transport options including the train. Enjoy easy access to the North and South via the Bruce Highway, making commuting a breeze. SUMMARY Large master bedroom with spacious walkin wardrobe and a large ensuite bathroom and toilet leading to an enclosed outdoor patio Two other generously sized rooms, plus study bedroom or office Ceiling fans throughout Plenty of living space, for play, work, study and relaxing Potential for more bedrooms due to the indoor space Family spacious bathroom Large functional kitchen with loads of storage areas Wood fired stove Large adjoining triple garage High ceilings make summer an absolute breeze OUTSIDE An abundance of space for toys, wheels, hobbies, animals, boats, caravans or the option to add a pool 6meter x 6meter shedgarage at the front of house Machinery Shed in the back yard Establish gardens with many different trees and vegetable gardens Tank water Spacious chicken enclosure and pen Walking Access to the Dam at the back of the property. Spacious covered area outside, ideal for entertaining So much to offer dont miss the opportunity to make this residence your own. All enquiry to Katherine Whitehouse 0438891355"
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82.4%
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-$710,000
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1.8%
1.3%
-17.9%
6.0%
Asking Price
$1,400,000
Estimated Purchase Price
$1,470,000
Stamp Duty
$65,050
Transfer Fee
$5,659
Conveyancing
$1,665
Deposit (10%)
$147,000
Reg. Mortgage
$224
LMI Premium
$45,551
Renovation Costs
-
Total Cash/Equity Required
$265,700
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
$1,103
$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
$19,244
$27,954
Interest Repayments
$87,318
$87,318
Net Cashflow Before Tax
-$68,074
-$59,364
Depreciation
-
-
Tax Offset
-$20,422
-$17,809
Net Cashflow After Tax
-$47,652
-$41,555
Assumptions
Year 1
Year 10
Property Value
6.8%
$811,680
$1,467,324
Loan Balance
I.O
$1,323,000
$1,323,000
-$511,320
$144,324
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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