$555K
$104,098
Confidence
High
High
$435,000
Medium
$425,000
Low
$415,000
Confidence
Moderate
"Beautifully positioned behind a screen of lush hedging, is this quaint English style lofted cottage that has an air of relaxed country living. Perfectly situated on the outskirts of the historic village of Westbury and sitting on 5000 m2, this cottage is cute and offers amazing views of both rural farmland and mountains beyond. The home showcases 3 bedrooms, 2 downstairs of a generous size, and a quaint 3rd bedroom and additional office space upstairs. A pictureperfect living space with French doors lead out to an undercover veranda, while the formal dining area has amazing garden views and stylish ambiance. The delightful country style kitchen and utilities room lead you out to an undercover sitting area that would be hard to drag yourself away from. A large carport for vehicles, a decent sized workshop and storage shed with an attached utilities room. If you are looking to escape to a cute and magical property, that is looking for a new owner to add some warm touches to it, Rose Bay Cottage is waiting for you."
-
85.9%
-
-
-$170,000
-$14,574
3.5%
2.4%
-14.3%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$595,000
Estimated Purchase Price
$595,000
Stamp Duty
$22,285
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$59,500
Reg. Mortgage
$152
LMI Premium
$16,966
Renovation Costs
-
Total Cash/Equity Required
$101,533
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$20,800
$29,605
Property Management
+8.8% PA
$1,830
$2,605
Rates
+3.0% PA
$1,247
$1,627
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
$14,523
$21,197
Interest Repayments
$35,343
$35,343
Net Cashflow Before Tax
-$20,820
-$14,146
Depreciation
-
-
Tax Offset
-$6,246
-$4,244
Net Cashflow After Tax
-$14,574
-$9,902
Assumptions
Year 1
Year 10
Property Value
6.8%
$453,900
$820,543
Loan Balance
I.O
$535,500
$535,500
-$81,600
$285,043
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 16.0%
Health Care and Social Assistance - 14.0%
Retail Trade - 10.0%
Manufacturing - 9.0%
Others - 51.0%
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