$649K
$124,632
Confidence
Moderate
High
$517,280
Medium
$529,440
Low
$541,600
Confidence
High
"Located in the popular suburb of Austins Ferry is this qualitybuilt, spacious threebedroom twobathroom residence with a single garage. This would make the perfect family home, or a great addition to your property portfolio. Featuring large open plan living which is heated and cooled by the reverse cycle aircon and two electric wall heaters. The kitchen comprises of a breakfast bar, double sink, pantry, and ample cupboard storage and bench space. The dining area leads out onto the rear covered deck which is a great place to entertain family and friends Each of the bedrooms have builtins and a walkin robe in the master bedroom which also has an ensuite. Separate laundry has a dryer and accesses the backyard. The front balcony provides stunning views of the Mount Wellington and the Derwent River. The large backyard is fully fenced and has a garden shed. Under the house is the single lock up garage and a extensive amount of storage . Close to schools, shopping centres, medical facilities and bus routes, this home ticks all the boxes."
-
81.1%
$615K
4.2%
-$200,000
-$18,944
3.2%
2.2%
-15.2%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$649,000
Estimated Purchase Price
$730,000
Stamp Duty
$28,035
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$73,000
Reg. Mortgage
$152
LMI Premium
$20,815
Renovation Costs
-
Total Cash/Equity Required
$124,632
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+8.8% PA
$2,059
$2,931
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
$16,300
$23,797
Interest Repayments
$43,362
$43,362
Net Cashflow Before Tax
-$27,062
-$19,565
Depreciation
-
-
Tax Offset
-$8,119
-$5,869
Net Cashflow After Tax
-$18,944
-$13,695
Assumptions
Year 1
Year 10
Property Value
6.8%
$566,040
$1,023,266
Loan Balance
I.O
$657,000
$657,000
-$90,960
$366,266
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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