$600K
$102,388
"This beautifully crafted brick home, built in 2021, is now ready for its new owners to bring their dreams to life. Situated on a generous 1,672m block in a soughtafter new subdivision, Tenzing Drive is renowned for its quality homes and vibrant communitythis is your chance to be part of it. The property is adjacent to council open space, complete with a park and seating area, offering plenty of recreational opportunities for all. Featuring three bedrooms and two bathrooms, the elevated position ensures allday sunshine and breathtaking views towards Launceston, especially during sunsets. With ample room for a large shed, garden, and additional offstreet parking, this spacious block is a rare find. We look forward to welcoming you to 13 Tenzing Drive. Council rates 521 pq approx Water rates 275 pq approx. House size 110m2 Land size 1,672m2 Year built 2021 Zoning LowDensity Residential Belle Property have obtained all information in this document from sources considered to be reliable. All information is published solely for potential purchasers to assist them in deciding if they wish to make further enquiries."
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3%
76.4%
-
-
$180,000
-$8,732
5.2%
3.9%
-8.5%
6.0%
Asking Price
$600,000
Estimated Purchase Price
$600,000
Stamp Duty
$22,498
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$60,000
Reg. Mortgage
$152
LMI Premium
$17,108
Renovation Costs
-
Total Cash/Equity Required
$102,388
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+8.8% PA
$2,746
$3,908
Rates
+3.0% PA
$2,089
$2,726
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
$23,165
$33,599
Interest Repayments
$35,640
$35,640
Net Cashflow Before Tax
-$12,475
-$2,041
Depreciation
-
-
Tax Offset
-$3,742
-$612
Net Cashflow After Tax
-$8,732
-$1,429
Assumptions
Year 1
Year 10
Property Value
6.8%
$833,040
$1,505,938
Loan Balance
I.O
$540,000
$540,000
$293,040
$965,938
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 14.0%
Education and Training - 11.0%
Accommodation and Food Services - 8.0%
Others - 49.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price