Withheld
$128,018
"Nestled in a convenient location in the heart of Strathpine, the stylish property with a practical floor plan offers easy access to all amenities with schools, public transportation, shopping centres and parks. The renovated, modern home over 2 levels boasts a versatile layout with ample space for the family to live comfortably. Whether youre a homeowner seeking a spacious retreat to call your own or an astute investor looking for a lucrative opportunity, this property ticks all the boxes. Upstairs Open plan living and dining space, adorned with brand new ducted air conditioning and direct access to outdoor balcony. Modern kitchen with stone benchtops, abundant cupboard space, completed with Westinghouse electric oven stove. Master bedroom offering built in wardrobes, brand new window furnishings, ducted air conditioning, and ceiling fan. Two additional goodsized bedrooms featuring polished timber look flooring, ducted air conditioning, modern sheer curtains, ceiling fans and one with builtin wardrobe. Family bathroom with modern finishes, shower, bath, wellappointed vanity, and separate toilet for added convenience. Charming back deck with external stairs offering its own entrance to the family home. Downstairs Additional open plan living and dining area with second seating area, including brand new carpet and splitsystem air conditioning. Large laundry with an abundance of storage options Spacious, modern undercover outdoor entertainment area overlooking the beautiful backyard and stunning gardens. Single automatic garage with internal access. Additional powder room for added convenience. Additional Features Dual living potential Brand new renovations completed throughout Freshly painted exterior Undercover carport Water tanks for rainwater storage Smoke alarm compliant Security screens throughout Fully fenced landscaped backyard Plenty of storage options. Building and pest report available to interested buyers Approximate costings Council rates 430 per quarter Rental return 700730 per week Approximate distances 500m Strathpine State School 1km Bray Park State High School 2km Strathpine Train Station 2.5km Strathpine Shopping Centre 6km University of Sunshine Coast, Moreton Bay 22km Brisbane City Centre 23km Brisbane Domestic and International airport Suburb Information Nestled to the Northwest of Brisbane, Strathpine is a family friendly suburb with the potential to become a major urban residential hub. Offering an abundance of education, transportation, and employment opportunities, the area is home to both homeowners and investors with convenient access to both the Sunshine and Gold Coast. For more information about the property or to arrange an inspection, please contact Cara Schwartz on 0490 518 359."
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6%
74.6%
$757K
4%
$10,000
-$18,386
3.3%
2.4%
-14.4%
6.0%
Asking Price
-
Estimated Purchase Price
$750,000
Stamp Duty
$26,775
Transfer Fee
$2,626
Conveyancing
$1,665
Deposit (10%)
$75,000
Reg. Mortgage
$224
LMI Premium
$21,178
Renovation Costs
-
Total Cash/Equity Required
$128,018
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$24,960
$35,526
Property Management
+7.7% PA
$1,922
$2,735
Rates
+3.0% PA
$1,103
$1,439
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
$18,284
$26,587
Interest Repayments
$44,550
$44,550
Net Cashflow Before Tax
-$26,266
-$17,963
Depreciation
-
-
Tax Offset
-$7,880
-$5,389
Net Cashflow After Tax
-$18,386
-$12,574
Assumptions
Year 1
Year 10
Property Value
6.8%
$811,680
$1,467,324
Loan Balance
I.O
$675,000
$675,000
$136,680
$792,324
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 - 15.0%
Retail Trade - 14.0%
Education and Training - 11.0%
Construction - 10.0%
Others - 50.0%
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