Withheld
$81,259
"Welcome to 2 Bell Street, South Launcestona stunning modern home where comfort, style, and convenience come together seamlessly. This beautifully designed property features 4 spacious bedrooms and 2 luxurious bathrooms, making it perfect for families looking for a highquality living experience. Situated within walking distance of Glen Dhu Primary School and with easy access to St. Patricks College and Launceston College, this home ensures that topnotch education is just around the corner. Plus, its proximity to Launceston CBD means youre never far from the citys best amenities and attractions. Inside, youll find a contemporary design with sleek lines, a neutral colour palette, and highend finishes throughout. The downlights create a warm and inviting atmosphere, ideal for relaxing evenings or entertaining guests. With 4 bedrooms, theres plenty of space for family, guests, or a home office. Comfort is a top priority in this home, featuring ducted heating for yearround coziness. The 2 modern bathrooms come with stylish fixtures and finishes, adding a touch of luxury to your everyday routine. The large garage provides secure parking for 2 cars and extra storage space. For those who love the outdoors, nearby parks and recreational areas offer perfect spots for family activities and enjoying nature. The property also boasts a beautiful outlook, adding to its serene and pleasant living environment. Year built 2009 Rental estimate 730 pw House size 204m2 Land size 480m2"
Below are some similar properties in the area you may be interested in.
-
43%
$595K
3.8%
$20,000
-$7,686
5.3%
3.7%
-9.5%
6.0%
Asking Price
-
Estimated Purchase Price
$495,000
Stamp Duty
$18,035
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$49,500
Reg. Mortgage
$152
LMI Premium
$10,943
Renovation Costs
-
Total Cash/Equity Required
$81,260
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$26,000
$37,006
Property Management
+8.8% PA
$2,288
$3,257
Rates
+3.0% PA
$2,089
$2,726
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
$18,423
$26,849
Interest Repayments
$29,403
$29,403
Net Cashflow Before Tax
-$10,980
-$2,554
Depreciation
-
-
Tax Offset
-$3,294
-$766
Net Cashflow After Tax
-$7,686
-$1,788
Assumptions
Year 1
Year 10
Property Value
6.8%
$550,020
$994,305
Loan Balance
I.O
$445,500
$445,500
$104,520
$548,805
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2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 14.0%
Education and Training - 11.0%
Accommodation and Food Services - 8.0%
Others - 49.0%
Average Income
Average Population
projected
for 2024 to 2026
Average Vacancy Rate
Average Days of Supply