$689K
$129,838
"Welcome to your new home Nestled in the soughtafter suburb of Prospect, this unique and beautifully designed splitlevel residence offers a blend of modern elegance and practical comfort. Property Highlights Open Plan Living area that seamlessly integrates the kitchen, dining, and lounge spaces. Perfect for entertaining or relaxing with family, this area exudes a warm and inviting ambiance. The home features three generously sized bedrooms. The master suite is a private retreat with its own ensuite bathroom, providing a touch of luxury and convenience. The main bathroom is a contemporary haven, boasting a stylish design with a separate bath and shower. Its ideal for unwinding after a long day or preparing for the day ahead. Three Decks for Relaxation One of the standout features of this home is its three distinctive decks. Each offers a unique vantage point for enjoying the outdoorswhether youre savoring a morning coffee, hosting a barbecue, or simply soaking up the sun. Interesting Spaces Beyond the main living areas, this home is filled with interesting nooks and crannies that add character and charm. Each space is thoughtfully designed to offer both functionality and aesthetic appeal. The home also benefits from a large double garage with direct access into the home. This splitlevel home is more than just a place to live its a canvas for your lifestyle. If youre looking for a property that combines modern amenities with an engaging and dynamic layout, look no further. Dont miss out on this fantastic opportunity to own a home in one of Prospects most desirable locations. Contact us today to arrange a viewing and see for yourself all that this exceptional property has to offer Jenkins Co Property Tasmania have obtained all information in this document from sources we believe to be reliable however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations."
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6.5%
60.6%
-
-
-$50,000
-$15,217
4.1%
3.0%
-12.0%
6.0%
Asking Price
$689,000
Estimated Purchase Price
$740,000
Stamp Duty
$28,485
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$74,000
Reg. Mortgage
$152
LMI Premium
$21,100
Renovation Costs
-
Total Cash/Equity Required
$126,368
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$30,160
$42,927
Property Management
+8.8% PA
$2,654
$3,778
Rates
+3.0% PA
$2,089
$2,726
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
$22,217
$32,249
Interest Repayments
$43,956
$43,956
Net Cashflow Before Tax
-$21,739
-$11,707
Depreciation
-
-
Tax Offset
-$6,522
-$3,512
Net Cashflow After Tax
-$15,217
-$8,195
Assumptions
Year 1
Year 10
Property Value
6.8%
$736,920
$1,332,176
Loan Balance
I.O
$666,000
$666,000
$70,920
$666,176
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewLocation, 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
Health Care and Social Assistance - 18.0%
Retail Trade - 14.0%
Education and Training - 11.0%
Accommodation and Food Services - 8.0%
Others - 49.0%
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