$720K
$116,069
Confidence
High
High
$700,000
Medium
$650,000
Low
$600,000
Confidence
Moderate
"Experience a lifestyle of sophistication and luxury in this beautifully upgraded residence, where contemporary design meets breathtaking panoramic water views over the River Derwent. This exceptional home boasts a stylish and meticulously crafted interior, perfect for executive couples or families seeking an entertainers paradise. The flexible floorplan would also suit larger families with parents or teenagers seeking independence due to the separate living amenities. From the moment you step inside, youll be captivated by the spacious openplan layout that seamlessly connects the living, dining, and kitchen areas. This inviting space flows effortlessly onto an expansive alfresco deck, ideal for hosting unforgettable gatherings or simply unwinding with a glass of wine as you enjoy the fresh sea breeze on warm summer evenings. Designed with flexibility in mind, the upperlevel features three wellappointed bedrooms, each with builtin wardrobes, and a conveniently located family bathroom. Downstairs, parents can retreat to their private sanctuary, complete with a master suite that opens onto its own deck, an ensuite, and an additional room perfect for a home office or rumpus room. Energy efficiency is at the forefront of this home, equipped with 20 highquality solar panels and premium fixtures throughout. Despite its 1950s origins, this property has been transformed into a modern masterpiece, blending classic charm with contemporary flair. Car enthusiasts will appreciate the double carport at the entrance, along with a single car garage leading to a spacious parking area for recreational vehicles, complemented by a double garage with power for additional storage or workspace. This stunning home offers Expansive openplan living and entertaining spaces Majestic water views that impress at every glance 20 energyefficient solar panels for sustainability A versatile floorplan adaptable for family living A turnkey opportunity simply move in and enjoy Year Built 1959 Construction Brick Veneer"
9.6%
62.8%
$486K
5.2%
-$40,000
-$13,961
4.1%
3.0%
-11.8%
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
$690,000
Stamp Duty
$26,323
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$69,000
Reg. Mortgage
$152
LMI Premium
$19,675
Renovation Costs
-
Total Cash/Equity Required
$117,779
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+8.8% PA
$2,517
$3,582
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
$21,042
$30,547
Interest Repayments
$40,986
$40,986
Net Cashflow Before Tax
-$19,944
-$10,439
Depreciation
-
-
Tax Offset
-$5,983
-$3,132
Net Cashflow After Tax
-$13,961
-$7,307
Assumptions
Year 1
Year 10
Property Value
6.8%
$694,200
$1,254,948
Loan Balance
I.O
$621,000
$621,000
$73,200
$633,948
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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