$229K
-
Confidence
Medium
High
$240,000
Medium
$220,000
Low
$200,000
Confidence
Low
"Serviced Apartments are the perfect balance of care and independence. Enjoy all the benefits of village life with added support and peace of mind. Recently renovated with a modern kitchenette, brand new ensuite and spacious, separate bedroom, this unit is perfect for those wanting to downsize without compromise. With various, flexible levels of care available in this beautiful assisted living apartment, its ideal for now, and perfect for later. Features include Large open plan lounge dining and kitchenette area Spacious bedroom with walk in wardrobe Renovated en suite bathroom External sliding door from dining room to sunny patio area Suitable for a couple Extensive storage throughout Meals are provided along with cleaning and a linen service Personal care services available Home care provider 24 hour emergency call system Dont miss out Call our friendly and helpful sales team today and organise a personal tour of the apartment and village. Prices are correct at time of upload and are subject to change. You will pay a departure fee when you leave this village."
-
59%
-
-
-
-$1,138
8.3%
5.2%
-3.0%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$220,000
Estimated Purchase Price
$220,000
Stamp Duty
$7,680
Transfer Fee
$1,955
Conveyancing
$1,226
Deposit (10%)
$22,000
Reg. Mortgage
$187
LMI Premium
$3,796
Renovation Costs
-
Total Cash/Equity Required
$37,394
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$18,200
$25,904
Property Management
+7.7% PA
$1,401
$1,995
Rates
+3.0% PA
$1,836
$2,396
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
$11,442
$16,920
Interest Repayments
$13,068
$13,068
Net Cashflow Before Tax
-$1,626
$3,852
Depreciation
-
-
Tax Offset
-$488
$1,156
Net Cashflow After Tax
-$1,138
$2,696
Assumptions
Year 1
Year 10
Property Value
6.8%
$234,960
$424,752
Loan Balance
I.O
$198,000
$198,000
$36,960
$226,752
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2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 13.0%
Manufacturing - 11.0%
Construction - 9.0%
Others - 49.0%
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