$779K
$146,322
"This expansive family residence features 4 bedrooms, 2 bathrooms, and a versatile layout designed for spacious living. Situated on a generous 844sqm block, with an internal area of approximately 200sqm, the home offers plenty of room for both comfort and style. Built in 1987, the property has been wellpreserved and is positioned in a soughtafter neighborhood. Inside, beautiful hardwood floors set a welcoming tone, while the living areas are thoughtfully divided into multiple zones, including casual and formal lounges, and a dedicated dining area. These spaces are perfect for family gatherings or hosting guests. The kitchen, outfitted with modern appliances, including a dishwasher, ensures easy meal preparation. Additional conveniences like an internal laundry and builtin robes in all bedrooms provide ample storage throughout the home. The master bedroom includes a private ensuite, offering a quiet retreat, while the upperlevel rooms offer flexibility for a teenagers retreat, home office, or hobby space. Each of the living areas flows naturally to the outdoors, where courtyards, verandahs, and balconies invite relaxation and outdoor entertainment, with stunning views of the surrounding suburbs from the elevated location. The surrounding gardens are an oasis for nature lovers, with mature plants already established, ready for the new owners vision. A standout feature of this home is the workshop and extensive parking, with a secure garage accommodating 4 cars and additional open parking spaces available. Nestled in a quiet, desirable area, this home combines peaceful suburban living with city convenience. Its Northfacing position ensures abundant natural light, making the interior bright and welcoming. This property offers a fantastic opportunity to secure a large family home in a prime locationdont miss your chance The facts Land size 844m2 House size 199m2 Year built 1987 Harcourts Northern Midlands has obtained all information in the document from sources we believe to be reliable however, we cannot guarantee its accuracy. Prospective purchasers are advised to conduct their own investigations."
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3.1%
67.4%
-
-
-$55,000
-$18,504
3.7%
2.8%
-12.9%
6.0%
Asking Price
$779,000
Estimated Purchase Price
$835,000
Stamp Duty
$32,760
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$83,500
Reg. Mortgage
$152
LMI Premium
$23,809
Renovation Costs
-
Total Cash/Equity Required
$142,851
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+8.8% PA
$2,746
$3,908
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
$23,165
$33,599
Interest Repayments
$49,599
$49,599
Net Cashflow Before Tax
-$26,434
-$16,000
Depreciation
-
-
Tax Offset
-$7,930
-$4,800
Net Cashflow After Tax
-$18,504
-$11,200
Assumptions
Year 1
Year 10
Property Value
6.8%
$833,040
$1,505,938
Loan Balance
I.O
$751,500
$751,500
$81,540
$754,438
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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
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price