Withheld
$87,277
Confidence
Medium
High
$555,000
Medium
$510,000
Low
$465,000
Confidence
Medium
"Ray White Salisbury is presents 7 Hibiscus Street, Elizabeth Vale. LOCATION Ideally situated on the outskirts of the bustling Salisbury area, this exceptional property offers effortless access to Salisbury Highway, ensuring seamless connectivity to the city. Bordering the picturesque Harry Bowey Reserve, residents can enjoy a serene backdrop and easy access to nature trails for leisurely strolls. Commuting is a breeze with Salisbury and Elizabeth train stations nearby, along with convenient public transport options. Surrounding parks and reserves, including John Harvey Oval and Elizabeth Aquadome Aquatics Centre, offer ample opportunities for sports and recreation. Health facilities such as Lyell McEwin and Calvary Central Districts Hospital are just minutes away, providing peace of mind for residents. For shopping needs, Elizabeth Shopping Centre is a short 5minute drive, catering to all lifestyle requirements. Educational institutions like Elizabeth Vale Primary School and Playford International College are also within easy reach, ensuring quality education for families. FEATURES Expansive 733sqm Allotment 1965 Built Double Brick Home Expansive Rear Yard With Verandah Secure Carport For OffStreet Parking Four Bedrooms Plus Two Living Areas Large Shed Providing Additional Storage Close Proximity to Desirable Amenities Including Lyell McEwin Hospital and Elizabeth Vale Primary Dont miss out on this rare opportunity in the desirable and upcoming Elizabeth Vale area. For all enquiries, please contact Winston Coxon or Thomas Korte. Regarding price. The property is being offered to the market by way of Auction. We will supply recent sales data for the area which is available upon request via email or at the open inspection. Disclaimer Every care has been taken to verify the correctness of all details used in this advertisement. However, no warranty or representation is given or made as to the correctness of information supplied and neither the owners nor their agent can accept responsibility for errors or omissions. Prospective purchasers are advised to carry out their own investigations. All inclusions and exclusions must be confirmed in the contract of sale"
2.6%
67.5%
$463K
5.4%
$495,000
+
156.0%
107.7%
259.8%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$17,000
Estimated Purchase Price
$15,000
Stamp Duty
$180
Transfer Fee
$209
Conveyancing
$1,226
Deposit (10%)
$1,500
Reg. Mortgage
$187
LMI Premium
$259
Renovation Costs
-
Total Cash/Equity Required
$4,111
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
Rates
+3.0% PA
$1,930
$2,518
Water
+3.0% PA
$1,271
$1,658
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$16,147
$23,629
Interest Repayments
$891
$891
Net Cashflow Before Tax
$15,256
$22,738
Depreciation
-
-
Tax Offset
$4,577
$6,821
Net Cashflow After Tax
$10,679
$15,916
Assumptions
Year 1
Year 10
Property Value
6.8%
$544,680
$984,652
Loan Balance
I.O
$13,500
$13,500
$531,180
$971,152
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2021 Population
Suburbs
Health Care and Social Assistance - 22.0%
Retail Trade - 14.0%
Manufacturing - 11.0%
Education and Training - 11.0%
Others - 42.0%
Average Income
Average Population
projected
for 2024 to 2026
Average Days of Supply