$875K
$150,220
Confidence
High
High
$885,000
Medium
$855,000
Low
$825,000
Confidence
Not Applicable
"You will have to be quick with this one Located in the highly soughtafter Urraween area, this beautifully renovated 3bedroom, 1bathroom home perfectly blends contemporary comfort with spacious living with the ultimate entertaining area complete with spa, sauna fire pit Set on an expansive 2014m block, this property is a rare find, offering accommodation for up to 7 vehicles, including a garage and a 9m x 9m 3bay shed 2 x high clearance doors with side access. Bedrooms Three cozy bedrooms with builtin wardrobes fans. The master bedroom features airconditioning and is conveniently adjacent to a recently renovated twoway bathroom. Living Area Enjoy the seamless flow between the renovated kitchen and the airconditioned openplan living and dining area with hardwood plank flooring. Tinted windows along the front keep the home cool during warmer months. Outdoor Space Step outside to a large undercover entertaining area with bamboo decking and plantation shutters, perfect for hosting gatherings. Experience beautiful breezes while relaxing in your own spa retreat, complete with a 6seater spa and a unique barrel hot rock sauna for ultimate relaxation. Entertainment Options Extend your outdoor enjoyment with a separate fire pit area, ideal for cozy nights under the stars. Shed Additional Features The property features side access to the powered 3bay shed, equipped with high entrance roller doors. A water tank is attached for garden use, and theres even a chook pen for fresh eggs Comfort Potential The home is completely fenced, making it suitable for pets, with established gardens and potential for further expansion. Additional features include a 6kW solar system, and solar hot water. Bonus Space An adjacent shed offers a separate airconditioned space perfect for a home office, games room, or gym, with potential to convert into a granny flat. Location Situated on a quiet nothrough road, this property combines suburban tranquility with convenient access to local amenities. Quick recap property features 3 Bedrooms all with builtin robes, new ceiling fans and airconditioner in the master bedroom Renovated 2way bathroom Renovated functional sleek kitchen Full repainted new downlights Hardwood plank flooring throughout 2,014m2 block in town located in a quiet Urraween street Side access to your 7 car accomm 9m x 9m, 3bay powered shed 2 high clearance doors 1 remote Large 70m2 under cover entertaining Fire pit area Spa retreat with large spa wonderfully unique barrel hot rock sauna 6kw solar system and solar hot water Chicken coop Separate airconditioned home office space or home gym within shed Dont miss out Properties like this, with such generous land in town, are rare. Call now to inspect and make this home yours"
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Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewLocation, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
2021 Population
Suburbs
Health Care and Social Assistance - 19.0%
Retail Trade - 13.0%
Education and Training - 10.0%
Accommodation and Food Services - 9.0%
Others - 49.0%
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
Asking Price
$875,000
Estimated Purchase Price
$875,000
Stamp Duty
$32,400
Transfer Fee
$3,173
Conveyancing
$1,665
Deposit (10%)
$87,500
Reg. Mortgage
$224
LMI Premium
$24,708
Renovation Costs
-
Total Cash/Equity Required
$150,221
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,780
$2,322
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
-$5,431
-$7,086
Interest Repayments
$51,975
$51,975
Net Cashflow Before Tax
-$57,406
-$59,061
Depreciation
-
-
Tax Offset
-$17,222
-$17,718
Net Cashflow After Tax
-$40,184
-$41,343
Assumptions
Year 1
Year 10
Property Value
6.8%
-
-
Loan Balance
I.O
$787,500
$787,500
-$787,500
-$787,500