$649K
$124,632
Confidence
High
High
$703,000
Medium
$633,500
Low
$564,000
Confidence
High
"Tucked away in a peaceful culdesac, this place is all about comfort and convenience. Comfortable and Versatile Floor Plan Step inside to discover a charming living area, three bedrooms, two bathrooms and a spacious kitchen. On the ground level, secure parking is available for one car, along with a spacious workshop and storage area. An additional bedroom or rumpus room, complete with a separate toilet and hand basin, offers potential for selfcontained living with minor adjustments. Entertainment Oasis Through the kitchen, youll find an inviting undercover entertaining area, perfect for hosting gatherings or simply unwinding after a long day. Upgraded Features Enjoy modern conveniences with recent renovations to the kitchen, bathroom, and flooring. Plus, internal stairs that have been added to access downstairs, doubling the space for your enjoyment. Convenient Amenities Rosetta is a familyfriendly suburb boasting convenient amenities, including a popular bakery and IGA on the main road. Montrose Foreshore recreational facilities are easily accessible, and Glenorchy is just a short 5minute drive away, with Hobart a mere 20 minutes drive. Key Details Rental Potential Earn 580600 per week from this soughtafter location. Council Rates Approximately 1900 per year. Construction Built in 1970, constructed of brick and tile. Land This home sits on a generous 702m2 block Dont miss out on the opportunity to make 22 Cordelia Court your new home. With its blend of comfort, convenience, and modern upgrades, this retreat offers the perfect lifestyle for you and your family. Get in touch today to learn more"
5.3%
69.2%
$673K
4.4%
-$95,000
-$15,956
3.9%
2.8%
-12.8%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$649,000
Estimated Purchase Price
$730,000
Stamp Duty
$28,035
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$73,000
Reg. Mortgage
$152
LMI Premium
$20,815
Renovation Costs
-
Total Cash/Equity Required
$124,632
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,080
$39,967
Property Management
+8.8% PA
$2,471
$3,517
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
$20,568
$29,872
Interest Repayments
$43,362
$43,362
Net Cashflow Before Tax
-$22,794
-$13,490
Depreciation
-
-
Tax Offset
-$6,838
-$4,047
Net Cashflow After Tax
-$15,956
-$9,443
Assumptions
Year 1
Year 10
Property Value
6.8%
$678,180
$1,225,988
Loan Balance
I.O
$657,000
$657,000
$21,180
$568,988
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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