$729K
$136,891
"Discover this exceptional fourbedroom home which has been thoughtfully designed with Queensland living in mind offering a blend of comfort, space and convenience to all that Bundaberg has to offer in the popular suburb of Branyan. On the doorstep of the City proper, this wellloved family home is sure to sell quickly Each of the four generous bedrooms have builtin wardrobes and ceiling fans, with the main bedroom and one additional bedroom enjoying the added comfort of air conditioning. The main bedroom has a walkin wardrobe an ensuite which features a shower toilet. An airconditioned media room at the front of the house provides a perfect retreat for family movie nights or quiet relaxation. The living rooms air conditioning extends its cooling reach to the adjoining kitchen and dining spaces, ensuring yearround comfort. The kitchen is wellappointed with an electric oven, a large electric cooktop, a dishwasher, and a double sink. The property also boasts a double remote garage attached to the house, a solar hot water system, three substantial 22,500L water tanks and a backup generator. If entertaining is on the top of your list, the enclosed outdoor area is perfect for gatherings for all year round Set on a generous 4,107sqm plot with great side access, this home offers a separately fenced house yard, providing ample space for potential additions such as sheds or a pool. There is a further section of the yard at the rear of the property, although not yet fenced, it adds to the potential for this property This home seamlessly combines functionality with the potential for personal touches, making it a truly remarkable find on todays market and within reach as affordability is concerned. AT A GLANCE 4 bedroom, 2 bathroom, 2 living, 2 car accommodation Open plan kitchen, lounge, dining Covered enclosed entertainment area Spacious kitchen with electric appliances 4,107sqm block with side access Located in the popular suburb of Branyan Rates 1,200 approx. half yearly. Contact Bundabergs favourite Real Estate Team Brent Illingworth and Tegan Langridge to ensure this inviting property is top of your mustbuy list for your family for many years to come The information provided is to be used as an estimate only. All potential purchasers should make their own enquiries to satisfy themselves as to any due diligence required."
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90.5%
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-$55,000
-$16,622
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Asking Price
$729,000
Estimated Purchase Price
$785,000
Stamp Duty
$28,350
Transfer Fee
$2,794
Conveyancing
$1,665
Deposit (10%)
$78,500
Reg. Mortgage
$224
LMI Premium
$22,166
Renovation Costs
-
Total Cash/Equity Required
$134,250
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+7.7% PA
$2,402
$3,419
Rates
+3.0% PA
$2,264
$2,954
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
$22,883
$33,270
Interest Repayments
$46,629
$46,629
Net Cashflow Before Tax
-$23,746
-$13,359
Depreciation
-
-
Tax Offset
-$7,124
-$4,008
Net Cashflow After Tax
-$16,622
-$9,351
Assumptions
Year 1
Year 10
Property Value
6.8%
$779,640
$1,409,404
Loan Balance
I.O
$706,500
$706,500
$73,140
$702,904
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 - 17.0%
Retail Trade - 12.0%
Agriculture, Forestry and Fishing - 10.0%
Education and Training - 9.0%
Others - 52.0%
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