$863K
$162,805
Confidence
High
High
$610,000
Medium
$560,000
Low
$510,000
Confidence
Medium
"When you arrive at 21 Ashbourne Grove, you know you are stepping into a quality home With Tas Oak floors throughout, this home offers a blend of elegance and practicality. The main living area is upstairs, featuring two bedrooms, an office, and a stylishly renovated bathroom with a separate toilet. An updated kitchen, installed in 2017, includes stunning stone benchtops and topquality appliances ideal for any aspiring cook. The entire home has been upgraded with doubleglazed windows and flyscreens, enhancing privacy and quality. French doors off the dining room lead to the upstairs entertaining deck, which includes a BBQ that comes with the home. The deck offers stairs leading to the rear yard, where you can enjoy beautiful views of the River Derwent. This home boasts a continuous hot water supply, thanks to its natural gas system, which also fuels the cooktop and outside BBQ. Comfort is guaranteed yearround with three reverse cycle heat pumps and fans in every bedroom, lounge, and dining area. Perfect for multiple generations, the downstairs area includes the Master bedroom, fourth bedroom or alternatively a second living areagames room, a second bathroom with a luxurious deep bath, a separate laundry, and an additional room ideal as a teenage retreat or granny flat. The fully fenced and beautifully landscaped backyard features an entertaining deck, stunning springflowering trees, apple, lemon, and avocado trees, and a veggie garden. The garage, with an electric door, can accommodate two small to mediumsized cars, and includes a workshop which has an additional room, with a third toilet and all the plumbing ready for a third bathroom. The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, we cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information. All timeframes and dimensions are approximates only."
-
52.2%
$579K
4.8%
-$370,000
-$26,928
2.6%
1.8%
-16.9%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$863,000
Estimated Purchase Price
$930,000
Stamp Duty
$37,035
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$93,000
Reg. Mortgage
$152
LMI Premium
$26,518
Renovation Costs
-
Total Cash/Equity Required
$159,335
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,920
$34,046
Property Management
+8.8% PA
$2,105
$2,996
Rates
+3.0% PA
$1,841
$2,402
Water
+3.0% PA
$950
$1,240
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$16,774
$24,472
Interest Repayments
$55,242
$55,242
Net Cashflow Before Tax
-$38,468
-$30,770
Depreciation
-
-
Tax Offset
-$11,540
-$9,231
Net Cashflow After Tax
-$26,928
-$21,539
Assumptions
Year 1
Year 10
Property Value
6.8%
$598,080
$1,081,186
Loan Balance
I.O
$837,000
$837,000
-$238,920
$244,186
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2021 Population
Suburbs
Manufacturing - 14.0%
Retail Trade - 13.0%
Health Care and Social Assistance - 12.0%
Construction - 9.0%
Others - 52.0%
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