$849K
$149,312
Confidence
Moderate
High
$755,000
Medium
$722,000
Low
$675,000
Confidence
Moderate
"This lovely character home combines timeless period appeal with both modern livability and future potential. Exuding a warm and inviting ambiance, the interior is defined by its high ornate ceilings, decorative timber fretwork and beautiful wide polished cypress timber floors. Meanwhile, boasting multiple living zones and a flowing functional floorplan that could easily be opened up or closed off to create more intimate spaces. Flooded with natural light and fresh cross breezes, this home offers the buyers flexibility whether its a dedicated living room, formal dining room, officerumpus or breakout room Its your choice. Two of the bedrooms are serviced by a charming heritage style bathroom with VJ feature, while the master boasts a walkin robe and an ensuite. The delightful kitchen enjoys solid cabinetry and whilst there is scope to integrate more contemporary finishes and appliances, adding personal flair and value, there is something special about the feel of this space asis. The rear deck is a cosy entertaining space directly off the kitchen and could easily be enlarged to suit your needs. Additional property highlights include reversecycle airconditioning in both the living and main bedroom and offstreet carport accommodation for two vehicles off Emily Street. The bonus corner block also currently has the potential to add vehicle access off Central Avenue for your caravan or boat. Close to all amenities, shopping, transport, schools, walkways and waterways this is indeed a super sought after location. The property is currently tenanted with a solid rental return and inspections can be made by appointment. Your choice invest or enjoy your first home. Property Code 1690"
-
64.3%
$838K
4.4%
$35,000
-$15,863
3.6%
2.6%
-13.6%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking 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
$24,960
$35,526
Property Management
+7.7% PA
$1,922
$2,735
Rates
+3.0% PA
$1,360
$1,774
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
$18,027
$26,252
Interest Repayments
$40,689
$40,689
Net Cashflow Before Tax
-$22,662
-$14,437
Depreciation
-
-
Tax Offset
-$6,799
-$4,331
Net Cashflow After Tax
-$15,863
-$10,106
Assumptions
Year 1
Year 10
Property Value
6.8%
$768,960
$1,390,097
Loan Balance
I.O
$616,500
$616,500
$152,460
$773,597
Below are some similar properties in the area you may be interested in.
Location, 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 - 13.0%
Professional, Scientific and Technical Services - 10.0%
Education and Training - 9.0%
Retail Trade - 8.0%
Others - 60.0%
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