Withheld
$128,926
"Welcome to 74 Landing Circuit, Springfield Lakes. A beautifully presented family home that offers the perfect blend of modern living and serene natural surroundings. Built in 2016, this wellmaintained residence boasts comfort, convenience, and picturesque views, making it an ideal choice for families seeking a peaceful retreat within Springfield Lakes. House Features Main bedroom with a spacious ensuite and walkin robe 3 additional rooms with mirrored builtin wardrobes Fully ducted air conditioning for optimal comfort Expansive front deck offering stunning lake views Lounge with lake views, open access to the front deck Modern kitchen with premium appliances, including a 900mm gas stove, electric oven, and dishwasher Openplan kitchen and dining with access to the rear deck 2 full bathrooms for convenience Fully fenced, flat backyard Double automatic garage with internal access Additional Features Ceiling fans, security alarm, security screens, ample storage, and Opticom Internet. Location Highlights Nestled in a prime location, this home offers easy access to public transport, major arterial roads, and the vibrant Orion Shopping Centre. Families will enjoy the nearby amenities such as the Orion Lagoon, University of Southern Queensland, Mater Hospital, Springfield Central Train Station, and reputable schools like Springfield College, St. Peters Lutheran College, and Good Shepherd Catholic School. With its perfect combination of modern amenities, breathtaking views, and proximity to essential services, 74 Landing Circuit is more than just a house its the ideal place to call home. Experience relaxed and refined living at its best. Disclaimer While Ray White Springfield Lakes has taken all reasonable measures to ensure the accuracy of the information provided in this advertisement, it accepts no liability and disclaims all responsibility for any errors, omissions, inaccuracies, or misstatements contained therein. Prospective buyers are advised to independently verify the information through their own research."
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2.9%
56.3%
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3.4%
$10,000
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4.1%
3.1%
-11.5%
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
$31,200
$44,407
Property Management
+7.7% PA
$2,402
$3,419
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
$23,723
$34,366
Interest Repayments
$44,847
$44,847
Net Cashflow Before Tax
-$21,124
-$10,481
Depreciation
-
-
Tax Offset
-$6,337
-$3,144
Net Cashflow After Tax
-$14,787
-$7,337
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 - 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