$675K
$104,098
"Nestled on a sprawling 1.5acre estate in the picturesque Rosevears region, this expansive family home provides both comfort and serene countryside living. Boasting four generously sized bedrooms and two updated bathrooms and 3 toilets, the residence provides ample space for a growing family. The luxurious master suite is a true retreat, featuring a spacious walkin robe and a modern ensuite that adds a touch of elegance and convenience. This unique property is set across two titles, offering plenty of room to explore and enjoy. A charming small creek meanders through the grounds, adding to the tranquil atmosphere. The timber garageworkshop is ideal for hobbies or storage, catering to all your practical needs. With its beautiful outlook and an enclosed deck, you can savour the stunning views and fresh air throughout the year, making this home a true sanctuary in one of Rosevears most soughtafter locations. As stated on realestate.com.au Based on data available for this property and other properties in the area realestate.com.au estimate that the property value has increased by 135.6 since last sold in 2017. Peter Lees Real Estate has used a variety of sources to obtain information relating to this property. We believe all are reliable sources and have no reason to doubt the accuracy of the information, however we cannot guarantee it. Prospective purchasers are advised to make their own enquiries. Boundary lines are indicative only."
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2021 Population
Suburbs
Education and Training - 14.0%
Retail Trade - 12.0%
Health Care and Social Assistance - 12.0%
Construction - 9.0%
Others - 53.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price
-
85.4%
$793K
3.8%
$50,000
-$10,738
4.7%
3.5%
-10.1%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$675,000
Estimated Purchase Price
$625,000
Stamp Duty
$23,560
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$62,500
Reg. Mortgage
$152
LMI Premium
$17,821
Renovation Costs
-
Total Cash/Equity Required
$106,663
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$29,120
$41,447
Property Management
+8.8% PA
$2,563
$3,647
Rates
+3.0% PA
$1,572
$2,051
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
$21,785
$31,573
Interest Repayments
$37,125
$37,125
Net Cashflow Before Tax
-$15,340
-$5,552
Depreciation
-
-
Tax Offset
-$4,602
-$1,666
Net Cashflow After Tax
-$10,738
-$3,886
Assumptions
Year 1
Year 10
Property Value
6.8%
$720,900
$1,303,216
Loan Balance
I.O
$562,500
$562,500
$158,400
$740,716