$750K
$150,687
"Step into a piece of Leongatha Norths history with this cherished brick home, proudly held by one family for 57 years. Set on approximately 3.7 acres, it offers sweeping views of picturesque farmland from the living area and primary bedroom, providing a peaceful retreat with ample privacy. This spacious home features four bedrooms, including a master with an ensuite, complemented by a cozy living area complete with a wood fire heater and air conditioner. The kitchen boasts floating floors, generous storage, and a freestanding oven, creating a warm and inviting atmosphere. Outside, embrace the essence of country living with a paddock suitable for livestock, a fruit treeplanted area, and several sheds including a threebay carport. With solid foundations comprising concrete stumps and original hardwood floors beneath the carpet, this home could benefit from some cosmetic renovations to enhance its appeal. Listed for the first time, this cherished family home is ready for its next chapter. Why Choose This Property Tranquil Setting Surrounded by large acreages, enjoy peace and quiet with minimal neighbours. Convenient Location Just a short drive to Leongatha for schools, amenities, and community activities. For Sale in Conjunction with Alex Scott Staff Leongatha. Arrange Your Viewing Contact Harcourts Leongatha selling agents to arrange an inspection."
Below are some similar properties in the area you may be interested in.
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63.1%
-
-
$145,000
+
27.7%
24.9%
71.0%
6.0%
Asking Price
$750,000
Estimated Purchase Price
$845,000
Stamp Duty
$45,770
Transfer Fee
$2,083
Conveyancing
$1,196
Deposit (10%)
$84,500
Reg. Mortgage
$129
LMI Premium
$24,094
Renovation Costs
-
Total Cash/Equity Required
$158,322
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$234,000
$333,055
Property Management
+7.7% PA
$18,018
$25,645
Rates
+3.0% PA
$2,014
$2,628
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
$210,703
$300,522
Interest Repayments
$50,193
$50,193
Net Cashflow Before Tax
$160,510
$250,329
Depreciation
-
-
Tax Offset
$48,153
$75,099
Net Cashflow After Tax
$112,357
$175,230
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,057,320
$1,911,383
Loan Balance
I.O
$760,500
$760,500
$296,820
$1,150,883
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 20.0%
Health Care and Social Assistance - 11.0%
Retail Trade - 9.0%
Manufacturing - 8.0%
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