$620K
$103,243
Confidence
High
High
$690,000
Medium
$640,000
Low
$590,000
Confidence
Medium
"Positioned at the head of a quiet culdesac with stunning mountain views and extreme privacy this homely and spacious 3 bedroom brick property has been lovingly upgraded to the highest of standards and would be ideal for a small family, first home buyer, investor, or executive couple. Currently the property is returning 520 per week. The home where light bounces off neutral tones has incorporated great use of imagination floor space. The quaint kitchen provides dining space and offers easy access to the yard, it is the social heart of the generous and open layout. The lounge room windows capture the stunning mountain and suburban views and the area here is a wonderful place to either relax or entertain. The bedrooms are a good size, provide built in robes, the bathroom modernised and the home provides a matchless flow. The positives continue outside on this large and level lot of over 760 m2 with a huge double garage at the rear with room for a workshop and an opportunity to fit out for a man cave, sleep out or rumpus. The driveway offers plenty of space for extra cars, caravans and trailers. For children and pets the area here is secure, fully fenced, private and provides space for a trampoline, some basketball, or a great space to ride bikes. The property captures excellent sun, is framed beautifully by low maintenance gardens and provides the perfect way to unwind and entertain guests. It is minutes to all transport, shopping services and conveniences. The photography only captures a small piece of the charm and feel. Opportunity to purchase property in the 7009 postcode is becoming increasingly rare and the home is ready for you to start enjoying immediately. Amazing house, amazing location, amazing opportunity and most of all AMAZING VALUE"
1.8%
61.3%
$620K
4.4%
$10,000
-$14,786
3.7%
2.6%
-13.8%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$640,000
Estimated Purchase Price
$630,000
Stamp Duty
$23,773
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$63,000
Reg. Mortgage
$152
LMI Premium
$17,964
Renovation Costs
-
Total Cash/Equity Required
$107,519
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
$37,422
$37,422
Net Cashflow Before Tax
-$21,122
-$13,625
Depreciation
-
-
Tax Offset
-$6,337
-$4,087
Net Cashflow After Tax
-$14,786
-$9,537
Assumptions
Year 1
Year 10
Property Value
6.8%
$683,520
$1,235,642
Loan Balance
I.O
$567,000
$567,000
$116,520
$668,642
Below are some similar properties in the area you may be interested in.
Location, 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