$549K
-
"Welcome to this beautifully maintained solid brick home, set on an expansive 1419m corner block, offering a perfect blend of comfort, space, and timeless features. Step inside to discover three generously sized bedrooms, including a master with ensuite, and a large main bathroom complete with a separate shower and full bath. The home is filled with character, boasting stunning stained glass windows and quality timber doors throughout. Designed for both relaxation and functionality, the huge rumpus room offers endless possibilitieswhether it becomes the ultimate family entertainment zone or an additional bedroom. Storage abounds, with ample space to keep everything organized. Outside, enjoy the fully fenced yard surrounded by meticulously caredfor gardens. A front patio provides the perfect spot to unwind, while the enclosed greenhouse is ideal for gardening enthusiasts. Additional features include a tool shed, space for two vehicles, and room for all your outdoor activities. Inspections are welcomecome and explore the potential of this wonderful property today"
-
75.9%
$480K
6%
$140,000
-$12,414
4.0%
2.7%
-13.9%
6.0%
Asking Price
$549,000
Estimated Purchase Price
$550,000
Stamp Duty
$17,775
Transfer Fee
$1,783
Conveyancing
$1,665
Deposit (10%)
$55,000
Reg. Mortgage
$224
LMI Premium
$12,041
Renovation Costs
-
Total Cash/Equity Required
$89,038
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$21,840
$31,085
Property Management
+7.7% PA
$1,682
$2,394
Rates
+3.0% PA
$1,572
$2,051
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
$14,935
$21,877
Interest Repayments
$32,670
$32,670
Net Cashflow Before Tax
-$17,735
-$10,793
Depreciation
-
-
Tax Offset
-$5,320
-$3,238
Net Cashflow After Tax
-$12,414
-$7,555
Assumptions
Year 1
Year 10
Property Value
6.8%
$736,920
$1,332,176
Loan Balance
I.O
$495,000
$495,000
$241,920
$837,176
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 14.0%
Retail Trade - 12.0%
Health Care and Social Assistance - 12.0%
Manufacturing - 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