$779K
$130,705
"WOW water views of the River Derwent Set on a 630m2 block Fully fenced at rear 3 Bedrooms all with built in cabinetry robes 2 Bathrooms ensuite with large shower Cathedral ceilings with exposed beams 2 Separate living areas Myrtle timber kitchen with island bench Reverse cycle heat pump Pellet fire Split level design with flexible floor plan Tasmanian Oak timber flooring Carpets Timber deck enjoying those water views Garage 5m x 7.4m with workshop Screened off rear yard with established trees Established gardens both front rear Long driveway suitable for multiple carscaravanboat Alarm system Views to Mt Wellington and Mt Dromedary Old Beach forms part of the Brighton Shire and is situated approx. 25 minutes from the CBD, 15 minutes from Eastlands and Northgate Shopping Centre making it an ideal location if you are looking for a great family home. With a stunning vista from all aspects Old Beach enjoys walking tracks around the foreshore enjoying the water views on offer, the local shop for everyday groceries, boat ramp, jetty and is a growing area that is highly sought after. Year Built 1991 Council Brighton Rates 1,500 pa approx. Zoning General Residential Rental Appraisal 660 740 per week approx. NBN FTTN Currently connected to a provider BelleParkerhomes have made every effort to ensure the accuracy of the information contained herein. While there is no reason to doubt its accuracy, guarantee cannot be assured. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate."
Below are some similar properties in the area you may be interested in.
-
85%
$714K
4.1%
-$40,000
-$16,642
3.7%
2.8%
-12.7%
6.0%
Asking Price
$779,000
Estimated Purchase Price
$765,000
Stamp Duty
$29,610
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$76,500
Reg. Mortgage
$152
LMI Premium
$21,813
Renovation Costs
-
Total Cash/Equity Required
$130,705
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+8.8% PA
$2,517
$3,582
Rates
+3.0% PA
$1,216
$1,587
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
$21,667
$31,363
Interest Repayments
$45,441
$45,441
Net Cashflow Before Tax
-$23,774
-$14,078
Depreciation
-
-
Tax Offset
-$7,132
-$4,224
Net Cashflow After Tax
-$16,642
-$9,855
Assumptions
Year 1
Year 10
Property Value
6.8%
$774,300
$1,399,750
Loan Balance
I.O
$688,500
$688,500
$85,800
$711,250
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2021 Population
Suburbs
Transport, Postal and Warehousing - 16.0%
Education and Training - 12.0%
Construction - 11.0%
Retail Trade - 10.0%
Others - 51.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price