$495K
$77,967
Confidence
Medium
High
$515,000
Medium
$495,000
Low
$475,000
Confidence
High
"Introducing your sanctuary in Glenorchy, where the mesmerising views of the River Derwent paint a serene backdrop. This residence awaits amidst the heart of this picturesque community. This immaculate 3bedroom, 1bathroom home boasts a warm and inviting ambiance that would make a perfect first home or investment in a growing area. Glenorchy offers a vibrant community with an array of amenities and services including shopping precincts, cafes, restaurants, parks, and recreational areas. Additionally, its proximity to Lenah Valley, North Hobart and the CBD ensures easy access to even more shopping, dining, and entertainment options. Step inside the home to discover a spacious living area ideal for gatherings, with a wellappointed kitchen featuring modern appliances and ample storage space, all complemented by 3 spacious bedrooms. Outside, a double carport provides convenient parking, while the expansive yard presents endless opportunities for outdoor enjoyment against the backdrop of stunning river views. Seize this chance to call Glenorchy your own and experience a seamless blend of comfort and convenience. 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."
2.9%
58.7%
-
-
$15,000
-$7,885
5.1%
3.6%
-10.0%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$495,000
Estimated Purchase Price
$480,000
Stamp Duty
$17,398
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$48,000
Reg. Mortgage
$152
LMI Premium
$10,611
Renovation Costs
-
Total Cash/Equity Required
$78,791
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$24,440
$34,786
Property Management
+8.8% PA
$2,151
$3,061
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
$17,248
$25,147
Interest Repayments
$28,512
$28,512
Net Cashflow Before Tax
-$11,264
-$3,365
Depreciation
-
-
Tax Offset
-$3,379
-$1,009
Net Cashflow After Tax
-$7,885
-$2,355
Assumptions
Year 1
Year 10
Property Value
6.8%
$528,660
$955,692
Loan Balance
I.O
$432,000
$432,000
$96,660
$523,692
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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