Withheld
$157,319
"HomeCo is proud to present this impressive home, positioned in an idyllic location, this doublestorey family home offers immediate street appeal with its modern and commanding faade. Nestled on a lovely street, this home is centrally located to multiple essential amenties, parklands, schools, North Lakes Westfield hub and the North or Southbound highways. This home has a spacious and versatile floor plan that offers a high degree of features and benefits, suitable for first home buyers, investors and families alike, this residence is bound to make your shortlist. You are immediately greeted by a double height void entry that leads you to the airconditioned open plan livingdining area, overlooking the covered entertainment alfresco and grassed backyard with the kitchen as the hub of the home. The beautiful modern kitchen features stone benchtops, stainless steel appliances including electric cooktop and dishwasher. The ground floor is further serviced by the downstairs powder room, laundry and direct access from your double garage. Upstairs youll find a second airconditioned lounge room and double study nook, great for relaxation and entertainment. The oversized master is complimented by airconditioning, walkin robe and ensuite. The additional three guest bedrooms offer modern comfort and style, each equipped with builtin wardrobes and ceiling fans and are serviced by a main bathroom with separate shower, bath and toilet. Property features Airconditioning to downstairs living, upstairs lounge and master bedroom Spacious master room with airconditioning, walkin robe and ensuite 3 additional double bedrooms with builtin robes and ceiling fans Upstairs bathroom with separate bath, shower and toilet Ceiling fans throughout Screens throughout Downstairs powder room Separate laundry Double automatic garage Garden shed and fully fenced yard Built in 2019 Rental expectations 725 750 per week Amenities Rothwell train station Approx. 1.5km Rothwell Shopping centre Approx. 430m Westfield North Lakes Approx. 4.5km Redcliffe Hospital Approx. 5.9km Freeway connects to Sunshine Coast Brisbane CBD Approx. 4.6km Schools Deception Bay State School Approx. 2.8km Deception Bay State High School Approx. 1.9km Mueller College Approx. 1.2km Grace Lutheran College Approx. 1.2km This property will not last long, so please enquire today."
4.2%
66.9%
$820K
3.6%
-
-$11,876
4.4%
3.3%
-10.8%
6.0%
Asking Price
-
Estimated Purchase Price
$650,000
Stamp Duty
$22,275
Transfer Fee
$2,204
Conveyancing
$1,665
Deposit (10%)
$65,000
Reg. Mortgage
$224
LMI Premium
$18,354
Renovation Costs
-
Total Cash/Equity Required
$110,273
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
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
$21,644
$31,369
Interest Repayments
$38,610
$38,610
Net Cashflow Before Tax
-$16,966
-$7,241
Depreciation
-
-
Tax Offset
-$5,090
-$2,172
Net Cashflow After Tax
-$11,876
-$5,068
Assumptions
Year 1
Year 10
Property Value
6.8%
$694,200
$1,254,948
Loan Balance
I.O
$585,000
$585,000
$109,200
$669,948
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 - 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 Days of Supply
Sold Price
Asking Price