$1.2M
$201,166
"Positioned on the elevated slopes of serene Mount Mellum, this captivating brick and timber home is a delightful blend of timeless character and unique charm. From the moment you step inside, the warmth of its inviting interiors welcomes you, with every corner revealing something special making this home truly one of a kind. Step through the front door into an expansive dining and living area, where beautiful natural light complements the homes distinctive timber and brick features. A conveniently located groundfloor bedroom is perfect for accommodating guests or creating a private retreat within the home. Adjacent to the downstairs living, a large multipurpose room with separate exterior access presents endless possibilities as a home office, studio, creative space or rumpus room. The heart of the home is the spacious chefs kitchen, where culinary creativity flows freely. Equipped with a gas cooktop, electric Smeg oven, abundant appliance cabinetry and pantry space, this lovely kitchen invites you to gather, cook, and create lasting memories. Upstairs, youll discover two generously sized bedrooms, each with expansive walkin robes and a shared bathroom. These rooms are connected by a central loft area which would make a cosy study or peaceful library, where you can lose yourself in a book or find inspiration for your next project. From the large downstairs living area, a heated saltwater lap pool beckons, where relaxation and exercise meet. The property is completed by two sheds, perfect for the avid gardener, a tranquil pond that adds a touch of serenity to the landscape and bountiful fruit trees. This home is more than just a residence its a canvas waiting for someone with an eye for detail and a love for character to make it their own. Original home established circa 1980s Brick and timber construction with composite weatherboard cladding Gas fireplace in living room Split system air conditioning Insulated roof Double garage Single carport Heated saltwater netted pool 7.5m x 3.5m shed with leanto for extra storage Large pond Established fruit trees orange, mandarin, mulberry, mango, fig Septic system Rainwater tanks 5 minutes to Landsborough and Brisbane City Rail services 10 minutes to Maleny 10 minutes to Beerwah 25 minutes to Sunshine Coast beaches Disclaimer McGrath Coast Hinterland will not be held liable for errors in information, parties to determine if the information is accurate."
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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
-
96.8%
$1.49M
1.7%
$100,000
-$27,896
3.2%
2.5%
-13.7%
6.0%
Asking Price
$1,200,000
Estimated Purchase Price
$1,150,000
Stamp Duty
$46,650
Transfer Fee
$4,311
Conveyancing
$1,665
Deposit (10%)
$115,000
Reg. Mortgage
$224
LMI Premium
$35,635
Renovation Costs
-
Total Cash/Equity Required
$204,035
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$36,400
$51,809
Property Management
+7.7% PA
$2,803
$3,989
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
$28,459
$41,115
Interest Repayments
$68,310
$68,310
Net Cashflow Before Tax
-$39,851
-$27,195
Depreciation
-
-
Tax Offset
-$11,955
-$8,158
Net Cashflow After Tax
-$27,896
-$19,036
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,335,000
$2,413,362
Loan Balance
I.O
$1,035,000
$1,035,000
$300,000
$1,378,362
Did you know you need to engage a conveyancer when buying a property?
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