$595K
$91,136
Confidence
Medium
High
$490,000
Medium
$470,000
Low
$450,000
Confidence
High
"Welcome to 66 Taree Street This spacious brick townhouse, constructed in 2009, conveniently spans across two levels. Entering the foyer, stairs lead you to the main living level which expands into a versatile open plan layout, hosting the living room, kitchen and dining. From this elevated aspect you are treated to sprawling views of the River Derwent. The kitchen is equipped with quality stainless steel appliances, and a superb amount of cabinetry, inclusive of a pantry. There is a dedicated dining area and the living room is large enough to accommodate many configurations of furniture to suit your taste. Also on this level are three bedrooms, all comprising builtin wardrobes, the family bathroom sits centrally between, as does a separate toilet and laundry. Downstairs you can tailor to suit your lifestyle with a large rumpusteenage retreat, storage area, second bathroom and a home officegaming area, just to name a few. Also on this level is a double garage which provides internal access for added convenience. With all of this you will forget you are living in a townhouse, it is more like a house. Outdoors is a delightful BBQ area for enjoying outdoor entertaining and the yard is fully fenced, a perfect space for families with children or pets. This home is a perfect opportunity to enter the market, especially for a large family who enjoys low maintenance living yet plenty of room to live comfortably without being on top of one another. Positioned on the border of BerriedaleChigwell, this is the ultimate location with only an approx. 5minute drive to Glenorchy, MONA, Montrose Bay Foreshore and the many amenities Glenorchy has to offer such as shopping centres and cinemas. Nearby there are multiple both public and private schools and you are close to public transport routes. Hobart CBD is just an approx. quick 15minute commute. We anticipate 66 Taree Street will be snapped off the market quickly, therefore dont delay in attending an inspection time or you may miss out on this beauty The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, we cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information. All timeframes and dimensions are approximates only."
9.6%
62.8%
$486K
5.2%
-$85,000
-$11,667
4.2%
2.9%
-12.8%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$595,000
Estimated Purchase Price
$555,000
Stamp Duty
$20,585
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$55,500
Reg. Mortgage
$152
LMI Premium
$12,269
Renovation Costs
-
Total Cash/Equity Required
$91,136
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
$1,841
$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
$16,300
$23,797
Interest Repayments
$32,967
$32,967
Net Cashflow Before Tax
-$16,667
-$9,170
Depreciation
-
-
Tax Offset
-$5,000
-$2,751
Net Cashflow After Tax
-$11,667
-$6,419
Assumptions
Year 1
Year 10
Property Value
6.8%
$501,960
$907,424
Loan Balance
I.O
$499,500
$499,500
$2,460
$407,924
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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 Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price