$749K
$141,116
"Welcome to your dream home in the soughtafter suburb of Newstead This beautifully renovated 3bedroom, 2bathroom home offers the perfect blend of modern comfort and quality craftsmanship, designed for family living and entertaining. Property Features Freshly Updated This home has been thoughtfully updated with highquality finishes and a keen eye for detail. Move in and enjoy the modern, fresh feel without lifting a finger Spacious Living Three generously sized bedrooms provide plenty of space for the whole family. The master bedroom boasts an ensuite bathroom for added convenience and privacy. Entertainers Delight The openplan living area flows seamlessly to a covered deck, perfect for family gatherings, BBQs, or simply enjoying the outdoors in comfort, no matter the weather. Ample Storage and Garaging Featuring excellent garaging and storage solutions, there is plenty of room for all your vehicles, tools, and toys. Safe and Secure Yard The fully fenced yard provides a safe environment for children and pets to play freely, offering peace of mind for parents and pet owners. SunDrenched Spaces With its northfacing orientation, this home is bathed in natural sunlight throughout the day, creating a warm and inviting atmosphere. Energy Efficiency Equipped with 20 solar panels, this home is designed for energy efficiency, helping you save on utility bills while being kind to the environment Fully Landscaped The beautifully landscaped gardens enhance the homes street appeal and provide a serene, lowmaintenance outdoor space to relax and enjoy. Prime Location Situated in the heart of Newstead, this home is just moments away from excellent primary and secondary schools, making it an ideal choice for families. Plus, youll enjoy easy access to local shops, parks, and public transport. Dont miss out on the opportunity to make this stunning, fully renovated home yours Contact us today to arrange a viewing and see for yourself what makes this property so special. Contact Wayne or Bec at 0447881449 or becandwaynetheagency.com.au for more information or to schedule a viewing. Make this Newstead gem your new home"
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66.9%
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-$16,042
3.7%
2.6%
-13.8%
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Asking Price
-
Estimated Purchase Price
$680,000
Stamp Duty
$25,898
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$68,000
Reg. Mortgage
$152
LMI Premium
$19,389
Renovation Costs
-
Total Cash/Equity Required
$116,069
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
$2,089
$2,726
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
$17,475
$25,499
Interest Repayments
$40,392
$40,392
Net Cashflow Before Tax
-$22,917
-$14,893
Depreciation
-
-
Tax Offset
-$6,875
-$4,468
Net Cashflow After Tax
-$16,042
-$10,425
Assumptions
Year 1
Year 10
Property Value
6.8%
$726,240
$1,312,869
Loan Balance
I.O
$612,000
$612,000
$114,240
$700,869
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 14.0%
Education and Training - 11.0%
Accommodation and Food Services - 8.0%
Others - 49.0%
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