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$485K
$81,259
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Try Picki for FREEConfidence
High
High
$490,000
Medium
$465,000
Low
$440,000
Confidence
Medium
4 Kingswood Crescent is a charming family home located in Berriedale with 3 bedrooms. It features original elements, a cozy living room, and an open-plan dining area that provides beautiful views of Mona and the Derwent River. The level backyard offers numerous possibilities for customization, along with additional storage in a handy shed. The potential exists to transform spaces beneath the property. This home is ideal for first-time buyers and offers the capacity to extend with council approval. It's conveniently close to Glenorchy city, providing easy access to shops, cafes, and important services, with good connections to highways and cycleways, offering a balanced lifestyle.
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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
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projected
for 2024 to 2026
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Try Picki for FREEMonthly % Change in Median House Prices (Prev. Quarter)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
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69%
$557K
5%
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-$9,172
4.7%
Asking Price
$485,000
Estimated Purchase Price
$495,000
Stamp Duty
$18,035
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$49,500
Reg. Mortgage
$152
LMI Premium
$10,943
Renovation Costs
-
Total Cash/Equity Required
$81,260
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+8.8% PA
$2,059
$2,931
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
$16,300
$23,797
Interest Repayments
$29,403
$29,403
Net Cashflow Before Tax
-$13,103
-$5,606
Depreciation
-
-
Tax Offset
-$3,931
-$1,682
Net Cashflow After Tax
-$9,172
-$3,924
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Year 1
Year 10
Property Value
6.8%
$496,620
$897,771
Loan Balance
I.O
$445,500
$445,500
$51,120
$452,271
