$495K
$86,415
"Located in ever popular Willaston, this 2bedroom homette is situated to the rear of a quiet group, and perfectly located within easy reach of local shops, services and all that the heart of Gawler has to offer. Meticulously renovated, you will be spellbound from the moment you walk in the front door. The light neutral colour palate will suit any style, light filled living areas, coupled with warm timber floors give you a feeling of calm from the outset. The updated kitchen offers plenty of storage, and ample bench space for the home chef other features include a gas cooktop, dishwasher and automated lighting. And wow, the VJ panel details in the kitchen and adjacent dining are a lovely touch The bathroom, laundry and toilet have all be tastefully updated, with a fully fitted laundry a real luxury. Both the master and second bedroom are a great size, with built in robes to the master ensuring you have plenty of storage. The large livingbed 3 provides additional space and a versatile layout needed for a small family, it could be somewhere for the kidsgrandkids to play, or the additional living zone you are looking for when you want some quiet time. Heading outside, the paved courtyard leads toward the manicured gardens, mature plantings, fruit trees, a firepit and garden shed complete the picture, its all here and ready for you to just move in and enjoy. Your new home features Flexible floorplan with multiple living areas or up to 3 bedrooms Updated kitchen with dishwasher and stainless appliances Automatedsmart home lighting to kitchen Freshly painted throughout New timber floors to living, and carpets to bedrooms Updated wet areas Fully fitted laundry New split system heating and cooling Updated gas instant hot water Brushed gold door hardware and brushed gold accents throughout New light fittings throughout New window dressings throughout Landscaped gardens with paved courtyard and toolshed Onsite parking for multiple vehicles, additional visitor parking A turnkey opportunity like this rarely comes along, if you are looking for your first home, thinking of downsizing, or looking to add another quality property to your portfolio, this is the one you have been waiting for Dont hesitate, be bold, act fast All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions including but not limited to a propertys land size, floor plans and size, building age and condition. Interested parties should make their own inquiries and obtain their own legal advice."
-
71.3%
$519K
5.5%
-$20,000
-$11,769
4.1%
2.8%
-12.4%
6.0%
Asking Price
$495,000
Estimated Purchase Price
$530,000
Stamp Duty
$22,980
Transfer Fee
$4,931
Conveyancing
$1,226
Deposit (10%)
$53,000
Reg. Mortgage
$187
LMI Premium
$11,830
Renovation Costs
-
Total Cash/Equity Required
$94,704
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$21,840
$31,085
Property Management
+7.7% PA
$1,682
$2,394
Rates
+3.0% PA
$1,968
$2,568
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
$14,669
$21,530
Interest Repayments
$31,482
$31,482
Net Cashflow Before Tax
-$16,813
-$9,952
Depreciation
-
-
Tax Offset
-$5,044
-$2,986
Net Cashflow After Tax
-$11,769
-$6,967
Assumptions
Year 1
Year 10
Property Value
6.8%
$544,680
$984,652
Loan Balance
I.O
$477,000
$477,000
$67,680
$507,652
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2016 Population
Suburbs
Retail Trade - 19.0%
Health Care and Social Assistance - 19.0%
Education and Training - 12.0%
Accommodation and Food Services - 10.0%
Others - 40.0%
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