$535K
$78,790
Confidence
Medium
High
$535,000
Medium
$510,000
Low
$485,000
Confidence
High
"Heres a terrific opportunity to get into the market. Whether youre looking for your first home or investment property currently tenanted until Dec 2024, this family home offers comfortable living, outdoor entertaining with views, gas cooking hot water, and a garageworkshop, all within 15 mins from Hobarts CBD and just up the road from the very popular Giblins Reserve, with a bunch of recently built playground equipment BBQ areas, its a family favorite Near level entry leads you through to open plan livingkitchendining with convenient reverse cycle heating, the central hallway leads to 3 good size bedrooms plus a neat tidy bathroom. Walk back through the kitchen and past the laundry, where youll find a large deck overlooking the backyard, plus terrific views over the Elwick Racecourse and the Derwent River. The partly covered deck is perfect for watching the kids play and entertaining all year round. The front hedge offers both privacy and a buffer from the road. Other outside features include a double garageworkshop plus a handy 3x3 garden shed. Theres plenty of secure garden area and plenty of parking in the driveway too. 79 Renfrew Cir has had a few upgrades in recent years and is located nice and close to major shopping centres, schools, and public transport, plus a variety of local attractions. For more information and inspection times, contact Martin today. Disclaimer All care has been taken by 4one4 Real Estate and 4one4 Media House when compiling the marketing material and information in this presentation. We cannot guarantee the accuracy of any measurement or details supplied in this advertisement and make no representation or accept any responsibility for the whole or part of this advertisement. The particulars contained in this advertisement do not form any contract. We recommend that any interested parties should have the information independently verified and make their own enquires to satisfy themselves in all respects. All photos, video and marketing material remain the property of 4one4 Media House, a division of 4one4 Real Estate, and are not to be downloaded and used for any purpose without the express consent and written permission of 4one4 Real Estate."
18.3%
53.7%
-
-
$15,000
-$10,168
4.4%
3.0%
-12.5%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$535,000
Estimated Purchase Price
$495,000
Stamp Duty
$18,035
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$49,500
Reg. Mortgage
$152
LMI Premium
$10,943
Renovation Costs
-
Total Cash/Equity Required
$81,260
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$21,840
$31,085
Property Management
+8.8% PA
$1,922
$2,735
Rates
+3.0% PA
$1,841
$2,402
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
$14,877
$21,772
Interest Repayments
$29,403
$29,403
Net Cashflow Before Tax
-$14,526
-$7,631
Depreciation
-
-
Tax Offset
-$4,358
-$2,289
Net Cashflow After Tax
-$10,168
-$5,342
Assumptions
Year 1
Year 10
Property Value
6.8%
$544,680
$984,652
Loan Balance
I.O
$445,500
$445,500
$99,180
$539,152
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2021 Population
Suburbs
Manufacturing - 14.0%
Retail Trade - 13.0%
Health Care and Social Assistance - 12.0%
Construction - 9.0%
Others - 52.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price