Withheld
$75,498
"Nestled amongst established, yet low maintenance gardens and positioned to capture panoramic views over Windsor Park and KanamalukaRiver Tamar. With green and river views from the eastern windows, this property immaculately presents as the perfect first home. Comprising three bedrooms, the master bedroom offers walkin robe and access into the central bathroom. Here, timber panelled walls and tasteful tiling choices create what is almost a beach shack feel. The connected kitchen and dining area provide garden views and ample storage space, the kitchen further extends outward to one of two outdoor entertaining spaces. The separate living room affords remarkable vistas of Windsor Park and further on, down the KanamalukaRiver Tamar and connects to each three bedrooms. Below the residence, the single carport and under house storage space adds further convenience. Prominent features of this property include Three bedrooms, master with walkin robe Lowmaintenance, rendered construction. Scenic views of Windsor Park and the River TamarKanamaluka. Spacious bathroom and kitchen Established vegetable gardens Ideally positioned within walking distance to public transport and a few minutes away from both the Riverside shopping precinct and many public and private schools. A leisurely stroll will lead you to the nearby recreational park and playground, all whilst being situated just a 8minute drive from Launcestons CBD. Contact Lochie today to register your interest."
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76.2%
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$20,000
-$9,980
4.4%
3.1%
-12.3%
6.0%
Asking Price
$495,000
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
$1,572
$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
$15,146
$22,123
Interest Repayments
$29,403
$29,403
Net Cashflow Before Tax
-$14,257
-$7,280
Depreciation
-
-
Tax Offset
-$4,277
-$2,184
Net Cashflow After Tax
-$9,980
-$5,096
Assumptions
Year 1
Year 10
Property Value
6.8%
$550,020
$994,305
Loan Balance
I.O
$445,500
$445,500
$104,520
$548,805
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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 Days of Supply
Sold Price
Asking Price