Withheld
$128,926
"Welcome to this charming duplex with two distinct and spacious units, offering a perfect blend of comfort and convenience. Vacant and Ready for new owners. Unit One boasts two inviting bedrooms, complemented by a modern bathroom, ensuite in the master bedroom and a singlecar garage, ensuring a cozy and practical living experience. The wellappointed kitchen features elegant Caesarstone benchtops and sleek stainless steel appliances, making it a delight for aspiring chefs. Meanwhile, Unit Two offers even more space and flexibility with three generously sized bedrooms and two tastefully designed bathrooms, providing ample room for a growing family. The singlecar garage adds further convenience and security to this wonderful living space. Both units are adorned with stylish robes in the bedrooms and adorned with a neutral color scheme, creating a calming ambiance throughout. Situated in a prime location, this duplex is surrounded by topnotch schools, shops, and excellent transport links, making daily errands and commuting a breeze. Unit One 2 Bedrooms 2 Bathroom Single Garage Rental Appraisal around 450 per week Unit Two 3 Bedrooms 2 Bathrooms Single Garage Rental Appraisal around 525 per week Whether youre an investor seeking a smart addition to your portfolio or a family looking for a comfortable home, this duplex is the perfect find Dont miss out contact us today for a private viewing Disclaimer All photographs, facades, colour schemes, floor plans and dimensions are for illustrative purposes only and may vary slightly to the end product. This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes."
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4.3%
36%
$677K
4.2%
$10,000
-$12,883
4.5%
3.5%
-10.0%
6.0%
Asking Price
-
Estimated Purchase Price
$755,000
Stamp Duty
$27,000
Transfer Fee
$2,668
Conveyancing
$1,665
Deposit (10%)
$75,500
Reg. Mortgage
$224
LMI Premium
$21,319
Renovation Costs
-
Total Cash/Equity Required
$128,926
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,800
$48,108
Property Management
+7.7% PA
$2,603
$3,704
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
$26,443
$38,201
Interest Repayments
$44,847
$44,847
Net Cashflow Before Tax
-$18,404
-$6,646
Depreciation
-
-
Tax Offset
-$5,521
-$1,994
Net Cashflow After Tax
-$12,883
-$4,652
Assumptions
Year 1
Year 10
Property Value
6.8%
$817,020
$1,476,978
Loan Balance
I.O
$679,500
$679,500
$137,520
$797,478
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewLocation, 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 - 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