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$575K
$110,084
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Medium
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This enchanting weatherboard home in the heart of Molesworth, Hobart offers a unique blend of history and modern living. Originally built circa 1900 as St Aidans Church, it was transformed into a residence in 1975. The property features stunning stained glass windows, timber floors, arched doorways, and a beautiful wrought iron staircase leading to a mezzanine. Modern comforts include an upgraded kitchen, pellet heater, and reverse cycle heat pump. Surrounded by landscaped gardens on a 549m2 plot, it's just 10 minutes to New Norfolk and 30 minutes to Hobart's CBD. A must-see for those seeking charm and convenience.
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90.3%
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Try Picki for FREE-$95,000
-$17,442
3.1%
Asking Price
$575,000
Estimated Purchase Price
$645,000
Stamp Duty
$24,410
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$64,500
Reg. Mortgage
$152
LMI Premium
$18,391
Renovation Costs
-
Total Cash/Equity Required
$110,084
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$19,760
$28,125
Property Management
+8.8% PA
$1,739
$2,475
Rates
+3.0% PA
$1,425
$1,859
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
$13,396
$19,615
Interest Repayments
$38,313
$38,313
Net Cashflow Before Tax
-$24,917
-$18,698
Depreciation
-
-
Tax Offset
-$7,475
-$5,609
Net Cashflow After Tax
-$17,442
-$13,089
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Year 1
Year 10
Property Value
6.8%
$587,400
$1,061,879
Loan Balance
I.O
$580,500
$580,500
$6,900
$481,379
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 - 16.0%
Health Care and Social Assistance - 13.0%
Retail Trade - 11.0%
Agriculture, Forestry and Fishing - 11.0%
Others - 49.0%
Average Income
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projected
for 2024 to 2026
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Try Picki for FREEMonthly % Change in Median House Prices (Prev. Quarter)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
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