$850K
$164,417
"Welcome to modern, convenient living with leafy, natural views and lowmaintenance, landscaped gardens all sitting on 1302m2 block. This impressive highset, twostory home seamlessly blends comfort, location and practicality with an impressive backdrop of nature at its best. With bamboo floorboards throughout the open floor plan, it features a fully equipped kitchen with SMEG appliances and a spacious living area with air conditioning for yearround comfort. Additionally, the enclosed garage could be perfectly utilized to run your home business or transform into another dining, living or rumpus room. A generous master bedroom with an ensuite bathroom offers a private haven where you can step out onto the covered veranda, take in the surrounds and relax or entertain in all weather conditions. Three additional wellsized bedrooms all with fans and builtin robes are serviced by a separate bathroom and toilet. Downstairs, a convenient kitchenette, shower, toilet and two more multipurpose rooms3cms under legal height create an additional space to house extended family or welcome visitors with everything they require in one place. Easily accessed internally via the stairs or externally via parking down the driveway, another balcony with a fabulous outlook sees both up and downstairs uniquely catered to. Key Features Four generously sized bedrooms, master with ensuite Main bathroom including bathtub and separate toilet Modern kitchen with SMEG appliances An expansive, airconditioned openplan living area A large rumpus room with an integrated laundry Two extensive undercover entertaining decks, ideal for gatherings Two generous multipurpose rooms downstairs A convenient kitchenette, shower and toilet downstairs Lockable storage room Perfectly located within walking distance to both Burnside State High and Primary School, and 5 minutes from Hospitals both Public and Private. If you would like to inspect and not miss the opportunity to join other long held homes in this location, call Keyline Realty today on 075441 2511"
Below are some similar properties in the area you may be interested in.
1.5%
83.3%
$685K
4.8%
-$165,000
-$24,203
3.0%
2.3%
-15.0%
6.0%
Asking Price
$875,000
Estimated Purchase Price
$940,000
Stamp Duty
$35,325
Transfer Fee
$3,426
Conveyancing
$1,665
Deposit (10%)
$94,000
Reg. Mortgage
$224
LMI Premium
$26,543
Renovation Costs
-
Total Cash/Equity Required
$161,734
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
Rates
+3.0% PA
$1,487
$1,940
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
$21,260
$30,868
Interest Repayments
$55,836
$55,836
Net Cashflow Before Tax
-$34,576
-$24,968
Depreciation
-
-
Tax Offset
-$10,373
-$7,490
Net Cashflow After Tax
-$24,203
-$17,477
Assumptions
Year 1
Year 10
Property Value
6.8%
$827,700
$1,496,285
Loan Balance
I.O
$846,000
$846,000
-$18,300
$650,285
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 - 16.0%
Retail Trade - 12.0%
Education and Training - 10.0%
Accommodation and Food Services - 9.0%
Others - 53.0%
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