$720K
$117,779
Confidence
High
High
$760,000
Medium
$695,000
Low
$630,000
Confidence
Medium
"Located in the heart of Glenorchy, sits this beautiful 4 bedroom brick home. With a versatile floorplan, generous sized rooms, semi covered entertaining area, ample room for vehicles, level secure block all within a short walk to Glenorchys CBD and bicycle track to Hobarts CBD. As the home is north facing, it provides light and sunny rooms, but is also fitted with gas water, reverse cycle heating for all seasons, and wall mounted panel heaters Boasting two living areas which have been tastefully decorated, and the scope to add a second bathroom to suit your own personal style. For those that love entertaining, the home leads out to a a large partially undercover deck, large gently sloping backyard fully enclosed which is ideal for children and pets. It also has low maintenance landscaped gardens, and established trees. Also included is the secure underneath garage and a double garage at rear which is fully accessed from the driveway. Being zoned as general residential, the is opportunity for STCA in this quiet little cul de sac. Currently vendor occupied, this is a great family home, first home, or great addition to your investment portfolio.. North facing allowing sun to the living areas and bedrooms Flat, secure block Walking distance to all local amenities Outdoor alfresco entertaining"
1.7%
60.1%
$626K
3.9%
-
-$14,501
4.0%
3.0%
-12.2%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$720,000
Estimated Purchase Price
$695,000
Stamp Duty
$26,535
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$69,500
Reg. Mortgage
$152
LMI Premium
$19,817
Renovation Costs
-
Total Cash/Equity Required
$118,634
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,080
$39,967
Property Management
+8.8% PA
$2,471
$3,517
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
$20,568
$29,872
Interest Repayments
$41,283
$41,283
Net Cashflow Before Tax
-$20,715
-$11,411
Depreciation
-
-
Tax Offset
-$6,215
-$3,423
Net Cashflow After Tax
-$14,501
-$7,988
Assumptions
Year 1
Year 10
Property Value
6.8%
$742,260
$1,341,829
Loan Balance
I.O
$625,500
$625,500
$116,760
$716,329
Below are some similar properties in the area you may be interested in.
Location, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
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 Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price