$789K
$124,469
"Located in the sought after and predominately owneroccupied Griffin Crest estate, we present 56 Harvey Circuit. This 4bedroom family home on a low maintenance block is looking for a new family to call it home. You will love the peaceful and private location yet still so close to the highway, future highway ramps, local shopping, community sport and of course the Griffin waterfront. Perfectly suited to first home buyers, young families, retirees and investors alike 2017 build Griffin Crest estate Fully fenced 300sqm block Close to all amenities, highway and waterfront This home incorporates a private side entry and represents a versatile 4bedroom home with open plan living along with the modern luxuries. To the front of the home is the first of 4 bedrooms and features ducted airconditioning, roller blinds and ceiling fan. It could also act as a second living space, kids retreat or those buyers that may need the requirement a perfect guest room or bedroom for multigenerational families. There are two further bedrooms which are all bigger than standard and are equipped with ducted airconditioning, builtin robes, ceiling fans, roller blinds and screens. The bedrooms are serviced by the main bathroom which is finished with a single stone vanity, single basin, shower over bath, toilet and frosted glass for privacy. Adjacent to the bathroom is an internal laundry tucked away with a single tub and room for washing machine and dryer. The master suite positioned to the rear of the home, providing separation and privacy from the other bedrooms features ducted airconditioning, ceiling fan, roller blinds, screens and his and her walkthrough robes. There is a wellequipped ensuite with stone bench vanity, single basin, shower, toilet and frosted glass for privacy. Master bedroom with ducted airconditioning, ceiling fan, roller blinds, screens and his and her walkthrough robes Ensuite with stone bench vanity, single basin, shower, toilet and frosted glass for privacy 3 additional bedrooms with ducted airconditioning, 2 with builtin robes, ceiling fans, roller blinds and screens 4th bedroom could be used as optional second living space, kids retreat, guest room Main bathroom which is finished with a single stone vanity, single basin, shower over bath, toilet and frosted glass for privacy Internal laundry tucked away with a single tub and room for washing machine and dryer. Centrally located is the spacious open plan living area. The kitchen is lovely and wellappointed with a stainlesssteel 4burner gas cooktop, electric oven, stone benches, Westinghouse dishwasher, double sink, plumbing in the fridge recess and ample cabinetry. The open plan area has ducted air conditioned, ceiling fans, sliding doors with security and designated zones for dining and lounge. There is a convenient study nook in the living area which is perfect for childrens study or a home office space with working from home now more of a necessity than ever before. The covered alfresco is a generous size to entertain friends and family with weekend bbqs The backyard is low maintenance. It is fully fenced and private and perfect for children to play or the family pet to enjoy. There is a clothesline, gas hot water system and NBN FTTP. Open plan airconditioned living space with designated lounge and dining zones Wellappointed Kitchen with a stainlesssteel 4burner gas cooktop, electric oven, stone benches, dishwasher, double sink, plumbing in fridge recess and ample cabinetry Study nook which is perfect for childrens study or a home office space Double door linen and single storage cupboard Covered alfresco perfect for weekend entertaining Fully fenced turfed backyard. Clothesline Double remote garage NBN FTTP The location is ideal, only minutes to the highway, schooling, Murrumba Downs Shopping Centre, and the waterfront. Location Bruce Highway 1.4 km Murrumba Downs Shopping Centre 1.80 km Griffin Sporting Complex 2.50 km Undurba State School 3.20 km Griffin Waterfront 3.20 km Murrumba Downs State Secondary College 3.9 km Living Faith Lutheran Primary 4.20 km Griffin State School 4.50 km Murrumba Downs Train Station 4.90 km Westfield North Lakes Ikea 6.30 km Brisbane Airport 25km Brisbane CBD 25km Affordably priced and will go fast Please inspect at one of our scheduled open homes."
Below are some similar properties in the area you may be interested in.
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23.8%
$710K
4.5%
$80,000
-$9,491
5.1%
4.1%
-7.6%
6.0%
Asking Price
$789,000
Estimated Purchase Price
$730,000
Stamp Duty
$25,875
Transfer Fee
$2,541
Conveyancing
$1,665
Deposit (10%)
$73,000
Reg. Mortgage
$224
LMI Premium
$20,613
Renovation Costs
-
Total Cash/Equity Required
$124,469
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$37,440
$53,289
Property Management
+7.7% PA
$2,883
$4,103
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
$29,803
$42,983
Interest Repayments
$43,362
$43,362
Net Cashflow Before Tax
-$13,559
-$379
Depreciation
-
-
Tax Offset
-$4,068
-$114
Net Cashflow After Tax
-$9,491
-$266
Assumptions
Year 1
Year 10
Property Value
6.8%
$865,080
$1,563,859
Loan Balance
I.O
$657,000
$657,000
$208,080
$906,859
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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