$545K
$77,967
Confidence
Medium
High
$550,000
Medium
$510,000
Low
$480,000
Confidence
Medium
"With only the facade hinting at the original 1950s period build of this fantastic renovated property, this now, nearly brand new abode is being offered to the market for sale ideally suiting those seeking a readytomovein and enjoy home. Comprising three bedrooms master with robe, open plan living incorporating contemporary kitchen with dishwasher, dining space lounge room, sumptuous family bathroom including tub, walkin shower floor heating, separate laundry, low maintenance garden surrounds, keyless entry, as well as OSP for two vehicles. With near level access, a reverse cycle air conditioner heatpump, new plumbing, new wiring and full insulation in roof and walls, this immaculately presented home provides convenience, year round comfort and low maintenance. Positioned for easy commuting, whilst this lovely home is perched at a double lane road, it is surprisingly quiet inside and takes in a pleasant vista to the River Derwent from the living as well as the Western bedroom. Goodwood offers a good level of shops, services, community centres, and a fabulous park overlooking Prince of Wales Bay."
32%
42.5%
-
-
-$10,000
-$11,208
4.2%
2.9%
-13.1%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$560,000
Estimated Purchase Price
$520,000
Stamp Duty
$19,098
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$52,000
Reg. Mortgage
$152
LMI Premium
$11,495
Renovation Costs
-
Total Cash/Equity Required
$85,375
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$21,840
$31,085
Property Management
+8.8% PA
$1,922
$2,735
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
$14,877
$21,772
Interest Repayments
$30,888
$30,888
Net Cashflow Before Tax
-$16,011
-$9,116
Depreciation
-
-
Tax Offset
-$4,803
-$2,735
Net Cashflow After Tax
-$11,208
-$6,381
Assumptions
Year 1
Year 10
Property Value
6.8%
$544,680
$984,652
Loan Balance
I.O
$468,000
$468,000
$76,680
$516,652
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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