$520K
$82,906
Confidence
High
High
$720,000
Medium
$675,000
Low
$630,000
Confidence
Moderate
"Location, location This 1951 built home is a fantastic opportunity to stop renting and get yourself into the market. Situated in a nothrough road, this is a great spot in a suburb that is close to everything you might need, whether it be the city, New Town or Derwent Park and Glenorchy. Regular buses are available, and a selection of nearby schools. Painted steps lead to the front entrance, with a covered porch. The wide entrance is tiled at the start, leading to new charcoal grey carpets throughout living zones and bedrooms, with fresh offwhite walls. The kitchen overlooks the backyard great for keeping an eye on the kids or your fur babies from the kitchen sink. Timber cabinetry with leadlight style overheads, a dado wall and copperlook rangehood add to its character. The floor is tiled, as is the splashback and there is already a space for a dishwasher if desired. Glass French doors separate the lounge and dining rooms when required or open the living zone up and enjoy the heat from the Kent wood heater.The tiled bathroom has both a bath and a separate shower, shaving cabinet, heater light and the toilet is separate, positioned just off the laundry. The hallway houses a large floortoceiling linen press, which is great for storage. Two of the bedrooms are double, with builtin wardrobes and the third is a single bedroom or could be used as a study or home office, conveniently situated by the front door. Mountain views are enjoyed from the master bedroom and front yard. The lightly terraced backyard features stone walls, lush green lawns, rose bushes and a handy outbuilding potentially making a perfect workshop or garden shed. 9 Blair St has been completely rewired and has a digital meter box. NBN is also connected to the premises. Theres great offstreet parking on the sealed driveway and the backyard is fully gated. Snap up this home and add some improvements to further add to its value. A great investment in your future. 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."
Below are some similar properties in the area you may be interested in.
2.2%
70.3%
$552K
5%
$135,000
-$11,375
4.2%
2.9%
-12.8%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewLocation, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
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
Asking Price
$549,000
Estimated Purchase Price
$540,000
Stamp Duty
$19,948
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$54,000
Reg. Mortgage
$152
LMI Premium
$11,937
Renovation Costs
-
Total Cash/Equity Required
$88,667
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$22,880
$32,565
Property Management
+8.8% PA
$2,013
$2,866
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
$15,826
$23,122
Interest Repayments
$32,076
$32,076
Net Cashflow Before Tax
-$16,250
-$8,954
Depreciation
-
-
Tax Offset
-$4,875
-$2,686
Net Cashflow After Tax
-$11,375
-$6,268
Assumptions
Year 1
Year 10
Property Value
6.8%
$720,900
$1,303,216
Loan Balance
I.O
$486,000
$486,000
$234,900
$817,216