$739K
$112,956
"Welcome to 5 Apollo Place, Springfield Lakes a charming threebedroom home that beautifully combines vibrant yellow accents with calming blue tones. Designed for ultimate relaxation and convenience, this residence offers a kingsized master bedroom featuring a walkin wardrobe and air conditioning, accompanied by a luxurious ensuite with a dual vanity, double shower, heat lights, and toilet. The home also includes two additional carpeted bedrooms with builtin wardrobes, a separate media room, and a generously sized lounge room complete with plush carpeting and air conditioning for added comfort. Perfect for entertaining, the home boasts a builtin bar with stylish stools, ideal for hosting special occasions or enjoying a quiet drink. The spacious kitchen is equipped with modern appliances, ample cabinetry, and a pantry cupboard, ensuring meal preparation is a breeze. Step outside to an inviting alfresco patio, perfect for outdoor dining, BBQs, or relaxing in the sun, while the garden shed keeps your space organized. Additional features include a security system, full insulation, an internal laundry, and a double remote lockup garage. Local schooling options add further convenience, making this a wellrounded home for modern living. Property Features KingSized Master Bedroom with walkin wardrobe and air conditioning Ensuite Bathroom featuring a dual vanity, double shower, toilet, and heat lights Two Additional Carpeted Bedrooms with builtin wardrobes Separate Media Room for entertainment Spacious Lounge Room with soft carpeting and air conditioning BuiltIn Bar with stylish stools, perfect for entertaining WellEquipped Kitchen with electric cooktop and oven, dishwasher, builtin bread bin, double sinks, pantry cupboard, and ample cabinetry Internal Laundry off the garage with linen cupboard, sink, and direct outdoor access Alfresco Patio for outdoor dining and relaxation Garden Shed for organized storage Double Remote LockUp Garage for secure parking Close Proximity to Local Schools This home offers a great balance of style, functionality, and entertainment potential, perfect for comfortable living. Location features include 3 Mins drive to the Lakeside Avenue Park 3 Mins drive to Springfield Lakes State School 8 Mins drive to Mater hospital upcoming public hospital 6 Mins drive from Orion Shopping Centre 5 Mins drive from the Centenary Highway Train Station Distances are approximation Within a short drive immerse yourself in the natural beauty of The Robell Domain parklandsa true gem in Springfields heart. Enjoy a serene rainforest walk, splash around in the water play area, or embark on a bike ride along scenic tracks. Cross the footbridge to discover Orion Lagoon, an incredible oasis of interconnected pools perfect for families of all ages. Your next adventure is right in your backyard Dont miss your chance to own this incredible property enquire today Please register your interest with Ravi 0455 307 747 or Vani 0460 612 555 Talk to us about our Mortgage Finance Service. Take advantage of our complimentary inhouse finance check for all buyers considering a purchase. Disclaimer Information provided by RealWay edge, its employees and related parties is a general outline for the guidance of intending purchasers or tenants and does not constitute in whole or in part an offer or a Contract. Reasonable endeavors have been made to ensure that the information given is materially correct, but any intending purchaser or tenant should satisfy themselves by inspection, searches, enquiries, and survey as to the correctness of each statement. We recommend that you obtain financial, legal and taxation advice before making any decision."
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Asking Price
$739,000
Estimated Purchase Price
$685,000
Stamp Duty
$23,850
Transfer Fee
$2,373
Conveyancing
$1,665
Deposit (10%)
$68,500
Reg. Mortgage
$224
LMI Premium
$19,343
Renovation Costs
-
Total Cash/Equity Required
$116,505
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$27,040
$38,486
Property Management
+7.7% PA
$2,082
$2,963
Rates
+3.0% PA
$1,424
$1,858
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
$19,883
$28,901
Interest Repayments
$40,689
$40,689
Net Cashflow Before Tax
-$20,806
-$11,788
Depreciation
-
-
Tax Offset
-$6,242
-$3,536
Net Cashflow After Tax
-$14,564
-$8,251
Assumptions
Year 1
Year 10
Property Value
6.8%
$806,340
$1,457,671
Loan Balance
I.O
$616,500
$616,500
$189,840
$841,171
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 - 14.0%
Manufacturing - 12.0%
Retail Trade - 11.0%
Education and Training - 11.0%
Others - 52.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price