$695K
$130,705
"This spacious home in a soughtafter seaside suburb is just right for a growing family wanting to put their own stamp on it. The recently polished original Tas oak floorboards are stunning, from the roomy eatin kitchendining through to the ample entryway. Freshly painted throughout in a neutral palette, the big windows mean the house is bathed in natural light. The large functional kitchen has a double sink, pantry, dishwasher, loads of bench space and almost too many cupboards to count. This is followed up with plenty of cupboards lining one branch of the hallway. Never worry about storage again The home has 3 bedrooms, all carpeted. The large master has a walkin robe and ensuite, while the other two bedrooms are both sizable, one with large builtin robes. The main bathroom has separate shower, bath and vanity, with plenty of storage. There is a separate toilet next door, followed by a laundry more storage, leading to the deck and backyard. The living area is currently set up as living and formal dining but has had many varied uses over the years, such as living and home office. There is a feature wall that pays homage to the shape of original features in the home, such as the retro door handles throughout. Sliding doors lead to one of the outdoor areas, a paved, gated courtyard perfect for alfresco dining, entertaining or parents retreat. Walking through the gate and down the path leads to a huge back yard with large, covered deck for those bigger gatherings or simply relaxing and watching the kids play. Plenty of room for trampolines, pools, cricket, etc. Also out here is a large single garage with roller door, side door and two large windows. It is fully powered and perfect for storage, workshop and manwoman cave. The property has plenty of parking for boat, caravan and cars. Yearround comfort is provided by a heat pump in the living areas. The property has a recently upgraded meter box and is connected to Aurora to make tracking your usage and expense possible. This property is also connected to the mains sewerage system no septic tanks, drainage pits or blockages. A fiveminute walk to beautiful Lauderdale Beach, this home is waiting for its new family to make it theirs. Clifton brick and tiled roof Polished Tas oak floors, freshly painted interior Two outdoor entertaining areas Upgraded lighting, meter box smart meter Mains sewerage system Currently 30000 to install Garage with dual entrance, lighting and power Fully fenced back yard Plenty of offstreet parking"
Below are some similar properties in the area you may be interested in.
-
74.8%
$915K
3.3%
-$45,000
-$14,675
4.2%
3.1%
-11.5%
6.0%
Asking Price
$695,000
Estimated Purchase Price
$745,000
Stamp Duty
$28,710
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$74,500
Reg. Mortgage
$152
LMI Premium
$21,243
Renovation Costs
-
Total Cash/Equity Required
$127,235
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+8.8% PA
$2,746
$3,908
Rates
+3.0% PA
$1,966
$2,565
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
$23,288
$33,759
Interest Repayments
$44,253
$44,253
Net Cashflow Before Tax
-$20,965
-$10,494
Depreciation
-
-
Tax Offset
-$6,289
-$3,148
Net Cashflow After Tax
-$14,675
-$7,346
Assumptions
Year 1
Year 10
Property Value
6.8%
$747,600
$1,351,483
Loan Balance
I.O
$670,500
$670,500
$77,100
$680,983
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Retail Trade - 14.0%
Health Care and Social Assistance - 12.0%
Education and Training - 11.0%
Public Administration and Safety - 9.0%
Others - 54.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price