$729K
$119,490
"This top end of Oxford Street has experienced some serious interest in recent times and its not hard to see why. This home has been built to capture those Tamar River views and is full of character. The bottom of the home has one spacious bedroom, a bathroom and a huge area that opens up all sorts of possibilities for those with a penchant to entertain, work from home or simply enjoying leisure time. The upper level is an open plan design of a fascinating kitchen, dining space and main living area. Straight of that area is a deck with those views, ideal for an alfresco dining setting. The main bedroom and another bathroom round out this level out but its the vaulted ceilings, picture windows and light fittings that will also attract your attention. The gardens complement the home and with Beauty Points eateries, river activities, nearby wineries and at only 45 minutes from Launceston, you can understand its popularity."
Below are some similar properties in the area you may be interested in.
-
78.8%
$915K
2.4%
-$235,000
-$16,512
3.6%
2.6%
-13.8%
6.0%
Asking Price
$729,000
Estimated Purchase Price
$700,000
Stamp Duty
$26,748
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$70,000
Reg. Mortgage
$152
LMI Premium
$19,960
Renovation Costs
-
Total Cash/Equity Required
$119,490
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$24,960
$35,526
Property Management
+8.8% PA
$2,196
$3,126
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
$17,992
$26,173
Interest Repayments
$41,580
$41,580
Net Cashflow Before Tax
-$23,588
-$15,407
Depreciation
-
-
Tax Offset
-$7,077
-$4,622
Net Cashflow After Tax
-$16,512
-$10,785
Assumptions
Year 1
Year 10
Property Value
6.8%
$496,620
$897,771
Loan Balance
I.O
$630,000
$630,000
-$133,380
$267,771
Did you know you need to engage a conveyancer when buying a property?
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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