$669K
$125,500
"Discover this delightful brick home nestled in the soughtafter Lauderdale beachside community, just a short stroll from the pristine Lauderdale Beach. This charming residence situated on 574m2 block offers bright and airy living spaces, highlighted by a spacious kitchen and three generously sized bedrooms, with a modernised bathroom. Step inside to find a sunfilled living area complete with a reversecycle air conditioner for yearround comfort. The kitchen boasts ample bench space and a convenient breakfast bar, perfect for casual dining. Each bedroom features builtin robes, ensuring ample storage space for residents. Outside, the property impresses with a flat, fully fenced yard, ideal for outdoor activities, alongside a garage and workshop providing secure parking and additional storage. Entertain friends and family in style with the covered outdoor entertaining area, perfect for gatherings throughout the year. Located in picturesque Lauderdale, enjoy easy access to local shops, dining options, and schools, with essential amenities available at nearby Glebe Hill Village. Commuters will appreciate the short 25minute drive to Hobart CBD, while the homes solar panel and solar hot water systems adds sustainability and cost efficiency. Embrace coastal living at its finest with this wellappointed residence that promises both comfort and convenience, Ideal for first home buyers or investors, seize this opportunity to make Lauderdale your home Built 1972 20 x 7Kw Solar Panels Solar hot water system Close to beach Rates approx. 1160pa Water rates approx. 800pa We have obtained all information in this document from sources we believe to be reliable, however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations."
Below are some similar properties in the area you may be interested in.
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91%
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-$60,000
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Asking Price
$669,000
Estimated Purchase Price
$720,000
Stamp Duty
$27,598
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$72,000
Reg. Mortgage
$152
LMI Premium
$20,530
Renovation Costs
-
Total Cash/Equity Required
$122,910
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+8.8% PA
$2,059
$2,931
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
$16,175
$23,634
Interest Repayments
$42,768
$42,768
Net Cashflow Before Tax
-$26,593
-$19,134
Depreciation
-
-
Tax Offset
-$7,978
-$5,740
Net Cashflow After Tax
-$18,615
-$13,394
Assumptions
Year 1
Year 10
Property Value
6.8%
$704,880
$1,274,255
Loan Balance
I.O
$648,000
$648,000
$56,880
$626,255
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