$955K
$158,468
Confidence
High
High
$1,045,000
Medium
$945,000
Low
$829,400
Confidence
Medium
"Here is a rare chance to secure a twostorey brick house with a threebedroom house up and a threebedroom house down. Super sunny and with water and Mountain views you could live in one and rent the other or any other living combination that would suit you. With a suspended slab between the two, they are quiet and private, and both have those sunset outlooks to the Mountain. All the bedrooms are doubles and all have built ins. Upstairs is the bigger of the two with a big patio area, huge dining open to the Tas Oak kitchen and a fantastic spacious lounge. Both have to toilets and there is heaps of storage. There is also a fully separate garage with a terraced garden area. Downstairs has its own carport so there is under cover parking for all. This solid circ 1977 property could be easily improved and modernized to make it so special. Currently rented but with the upstairs lease running out fast you could have vacant possession if needed. Be very fast as these are so rare especially only 7 minutes drive to Hobarts CBD. Land Size 663m2 Building 247m2 Double Garage Please call Neville to arrange your private inspection 0417526755"
1.8%
61.3%
$620K
4.4%
$20,000
+
53.4%
48.2%
172.5%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$955,000
Estimated Purchase Price
$925,000
Stamp Duty
$36,810
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$92,500
Reg. Mortgage
$152
LMI Premium
$26,375
Renovation Costs
-
Total Cash/Equity Required
$158,468
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$494,000
$703,116
Property Management
+8.8% PA
$43,472
$61,874
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
$445,487
$634,664
Interest Repayments
$54,945
$54,945
Net Cashflow Before Tax
$390,542
$579,719
Depreciation
-
-
Tax Offset
$117,163
$173,916
Net Cashflow After Tax
$273,379
$405,804
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,009,260
$1,824,502
Loan Balance
I.O
$832,500
$832,500
$176,760
$992,002
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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