$675K
$129,694
"Welcome to 6 Parkmore Place, Invermay Park where luxury meets convenience Nestled in the heart of a soughtafter neighbourhood, this singlestory brick home offers the epitome of modern living. Situated amidst serene surroundings, this property boasts proximity to a range of amenities, including parks, schools, shopping centres, and more. Step inside this immaculately presented residence to discover a spacious layout designed to accommodate all your lifestyle needs. Three generously sized carpeted bedrooms await, with the master featuring an ensuite complete with a double shower and twin basins, along with a large walkin robe providing ample storage space. The heart of the home is the expansive openplan living area, seamlessly integrating the impressive kitchen equipped with an island bench, dishwasher, and a sixburner stainless steel gas cooktop. Perfect for entertaining, the dining space effortlessly flows into the outdoor entertaining area, complete with a builtin woodfired pizza oven. Additional living spaces include a quiet study area, ideal for a professional home office, and a second living area boasting plenty of cupboard and storage space. With floating laminate flooring and abundant natural light, the main living area offers a welcoming ambiance and picturesque views of the large family backyard. The accommodation is further complemented by a main bathroom featuring a shower, bath, vanity, and toilet all beautifully tiled and bathed in light. Practical features include a twocar garage with an automatic roller door and direct access to the rear yard, extra car parking at front and study. Outside, the property is fully fenced with wellestablished gardens, providing a safe and private oasis for both adults and kids alike. Whether youre hosting gatherings or simply unwinding after a long day, the impressive outdoor entertainment space offers the perfect setting for relaxation and enjoyment. Dont miss out on the opportunity to make this your forever home. Schedule a viewing today and experience the epitome of luxurious living at 6 Parkmore Place, Invermay Park"
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
Health Care and Social Assistance - 19.0%
Retail Trade - 12.0%
Education and Training - 11.0%
Manufacturing - 9.0%
Others - 49.0%
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
Below are some similar properties in the area you may be interested in.
-
95.3%
$760K
3%
-$265,000
-$19,731
2.8%
1.9%
-15.2%
6.0%
Asking Price
$675,000
Estimated Purchase Price
$695,000
Stamp Duty
$36,770
Transfer Fee
$1,732
Conveyancing
$1,196
Deposit (10%)
$69,500
Reg. Mortgage
$129
LMI Premium
$19,817
Renovation Costs
-
Total Cash/Equity Required
$129,694
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$19,760
$28,125
Property Management
+7.7% PA
$1,522
$2,166
Rates
+3.0% PA
$1,877
$2,449
Water
+3.0% PA
$1,015
$1,324
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$13,096
$19,250
Interest Repayments
$41,283
$41,283
Net Cashflow Before Tax
-$28,187
-$22,033
Depreciation
-
-
Tax Offset
-$8,456
-$6,610
Net Cashflow After Tax
-$19,731
-$15,423
Assumptions
Year 1
Year 10
Property Value
6.8%
$459,240
$830,197
Loan Balance
I.O
$625,500
$625,500
-$166,260
$204,697
Did you know you need to engage a conveyancer when buying a property?
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