$690K
$113,504
"Imagine an adorable cottage and bungalow where you can observe stunning water views enjoyed from the house and garden, the ideal spot for entertaining or simply relax after a long day. Well then, here is your perfect home Plenty of room for the whole family to enjoy with 3 bedrooms and 1 bathroom, a spacious land area of 876m2 and a building area of 127m2. This updated character filled property is sure to delight with the original cottage built in the 1920s and the extension was completed in the 1990s. Inside you will find features like builtin robes in the bedrooms, reverse cycle air conditioning for yearround comfort, ceiling insulation and new solar panels for ecofriendly living. freshly painted interior and some external touches. new and restored lighting and flooring. Additional features include a large double garage plus a carport, providing undercover room for 3 cars or added extras like a caravan and boat. Perfect for multiple vehicles andor toys. For those who enjoy tinkering in workshops, here we have you covered as well. The location of Beauty Point is in the Heart of the worldfamous West Tamar Valley region with wineries, tourist destinations, cafes, shops, beaches, public transport and more. Priced at OO 699,000. Dont miss your chance to own this beautiful home in the soughtafter location of Beauty Point. Contact us today to arrange a viewing"
Below are some similar properties in the area you may be interested in.
-
79.8%
$460K
5.6%
-$250,000
-$21,035
2.6%
1.7%
-17.5%
6.0%
Asking Price
$720,000
Estimated Purchase Price
$705,000
Stamp Duty
$26,960
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$70,500
Reg. Mortgage
$152
LMI Premium
$20,102
Renovation Costs
-
Total Cash/Equity Required
$120,345
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$18,200
$25,904
Property Management
+8.8% PA
$1,602
$2,280
Rates
+3.0% PA
$1,572
$2,051
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
$11,826
$17,398
Interest Repayments
$41,877
$41,877
Net Cashflow Before Tax
-$30,051
-$24,479
Depreciation
-
-
Tax Offset
-$9,015
-$7,344
Net Cashflow After Tax
-$21,035
-$17,135
Assumptions
Year 1
Year 10
Property Value
6.8%
$485,940
$878,464
Loan Balance
I.O
$634,500
$634,500
-$148,560
$243,964
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewLocation, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
2021 Population
Suburbs
Education and Training - 14.0%
Retail Trade - 12.0%
Health Care and Social Assistance - 12.0%
Construction - 9.0%
Others - 53.0%
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