$1.15M
$220,975
"Located in one of Newsteads most soughtafter streets, this beautifully maintained and recently repainted 1930s Californian bungalow radiates charm. Lovingly preserved, it features classic elements throughout, including elegant timberpaneled walls, picture rails, and gracefully curved windows that perfectly frame the lush garden views. The beautiful kitchen, with its spacious island bench, offers plenty of seating for casual dining, while the separate dining room provides a more formal space for entertaining. The bright, lightfilled sunroom is ideal for relaxing, reading, or even as an artists retreat. Northfacing, it enjoys sunlight throughout the day. This impressive home offers multiple inviting living spaces, with three bedrooms and two bathrooms. The generous master bedroom includes the possibility of converting the current study into a walkin robe ensuite. The second bathroom is conveniently located near the wellplanned laundry. A recently installed gas fireplace ensures a cosy atmosphere in winter, while two electric heat pumps provide yearround comfort at a touch of a button. The property also offers ample storage and a carport with space for two small to medium vehicles. The private, northfacing outdoor entertaining area is easily accessible from the kitchen, providing a seamless flow to the beautifully landscaped, parklike gardens. Conveniently located just 210 meters from Coles, and the Newstead shopping precinct, this home provides easy access to amenities such as medical services, restaurants, a supermarket, Australia Post, and public transport. We look forward to welcoming you to 10 Kenyon Street. Council Rates 700 pq Water Rates 220 pq House size 232m2 Land size 1,001m2 Year built 1930 Zoning General Residential Belle Property have obtained all information in this document from sources considered to be reliable. All information is published solely for potential purchasers to assist them in deciding if they wish to make further enquiries."
Below are some similar properties in the area you may be interested in.
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77.5%
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-$215,000
-$35,467
2.5%
1.8%
-16.4%
6.0%
Asking Price
$1,150,000
Estimated Purchase Price
$1,235,000
Stamp Duty
$50,760
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$123,500
Reg. Mortgage
$152
LMI Premium
$38,644
Renovation Costs
-
Total Cash/Equity Required
$215,686
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$30,680
$43,667
Property Management
+8.8% PA
$2,700
$3,843
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
$22,691
$32,924
Interest Repayments
$73,359
$73,359
Net Cashflow Before Tax
-$50,668
-$40,435
Depreciation
-
-
Tax Offset
-$15,200
-$12,131
Net Cashflow After Tax
-$35,467
-$28,305
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,089,360
$1,969,304
Loan Balance
I.O
$1,111,500
$1,111,500
-$22,140
$857,804
Did you know you need to engage a conveyancer when buying a property?
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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