$720K
$135,043
Confidence
High
High
$705,000
Medium
$650,000
Low
$595,000
Confidence
Medium
"In immaculate original condition, this impressive brick and tile property is set in a popular and familyfriendly suburb, in close proximity to local amenities and the city centre. With up to four bedrooms and generous communal spaces, just a few modern updates and your favourite furnishings will reinvigorate this carefully maintained residence and really make it your own. Step into the light and inviting living room with reverse cycle air conditioning for yearround comfort, and a lovely view to the Derwent River, Bowen Bridge and surrounding hills. There is a substantial dining room that connects to a spacious and functional kitchen with ample storage available. Three double bedrooms all have builtin wardrobes, this includes a superior master with large ensuite and a pleasant outlook. The bathroom contains a vanity, separate bath and shower, with the toilet situated adjacent. Downstairs, you will find a double garage and workshop, storeroom, laundry facilities and a third toilet. The sizeable rumpus would make a fantastic play area, home office, or fourth bedroom particularly for teenagers who need a little extra space away from the rest of the household. Theres also offstreet parking for at least two cars with room for a boat, trailer or caravan too. The covered patio provides a sheltered outdoor space that is perfect for entertaining with friends, relaxed family dining, or enjoying the warmer weather in peace and privacy. The established terraced garden has fruit trees, a fishpond and a greenhouse and the whole rear yard is fenced so kids and pets can play safely. Situated just 15 minutes from central Hobart, and with the many services at Glenorchys Northgate shopping centre only five minutes away this location is convenient for any Hobart destination. Theres a bus service right around the corner, a choice of quality local schools, worldrenowned MONA 1.5km away, as well as a small reserve and playground only a few steps down the road that kids will love to visit. Expect a great deal of interest in this beautifully maintained home with plenty of room for growing families. Warwick will be delighted to discuss the property further and schedule a viewing time dont miss this outstanding opportunity, call today We 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."
1.7%
80%
$623K
5%
-$125,000
-$20,483
3.1%
2.2%
-15.5%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$720,000
Estimated Purchase Price
$775,000
Stamp Duty
$30,060
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$77,500
Reg. Mortgage
$152
LMI Premium
$22,098
Renovation Costs
-
Total Cash/Equity Required
$132,441
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,920
$34,046
Property Management
+8.8% PA
$2,105
$2,996
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
$16,774
$24,472
Interest Repayments
$46,035
$46,035
Net Cashflow Before Tax
-$29,261
-$21,563
Depreciation
-
-
Tax Offset
-$8,778
-$6,469
Net Cashflow After Tax
-$20,483
-$15,094
Assumptions
Year 1
Year 10
Property Value
6.8%
$694,200
$1,254,948
Loan Balance
I.O
$697,500
$697,500
-$3,300
$557,448
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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