$730K
$136,373
"Perfectly positioned on just over a quarter of an acre, discover the timeless allure of this captivating 1940s Californian bungalow style home. Effortlessly blending classic architectural beauty with contemporary flair, this family home offers a truly special living experience. Wander past the meticulously manicured gardens, designed with dwarf hedges, vibrant citrus trees, and the majestic centerpiece flowering Dogwood tree, guiding you to the front entry alcove that epitomises the essence of this stunning home. Step inside to be greeted by the warmth of yesteryear, where high ceilings and hardwood floors wrap you in a sense of timeless comfort. Sundrenched living spaces beckon relaxation, while features such as decorative moldings and picture rails add a touch of nostalgia. The heart of the home features a contemporary kitchen, effortlessly blending functionality with style. Complete with sleek appliances and abundant storage, the openconcept kitchen, living, and dining area is ideal for cultivating cherished family moments or hosting gatherings with friends. Meanwhile, the separate formal lounge provides a peaceful retreat for quiet moments alone or for gathering around the warmth of the wood heater on winter evenings. Three spacious bedrooms offer peaceful retreats, each boasting a distinct ambiance and adorned with beautiful picture windows that flood the spaces with natural light. Step outside, and youll find a stunning semicovered alfresco area, perfect for unwinding, entertaining guests, or simply basking in the serenity of the manicured gardens brimming with character and beauty. Tucked away at the rear of the property, a double garage awaits, providing ample storage space for vehicles and equipment. Additionally, a convenient carport is attached to the house, accompanied by a wood shed, completing the ensemble of practical amenities. Ideally situated, this residence enjoys a prime location opposite Wesburn Park, boasting a versatile recreation reserve featuring equestrian and sporting amenities, a park area, and the newly installed pump track. Just moments away are the Wesburn shops, the picturesque Yarra River, and the renowned Warburton Rail Trail. Additionally, a short drive leads to the heart of Yarra Junction, offering a plethora of amenities. Dont miss the opportunity to make this stunning property your own. Schedule a viewing today and prepare to fall in love with this timeless treasure 03 5967 1800. FURTHER CONTACT By enquiring on or inspecting this property, you agree to receive further marketing information from us about other properties. To opt out of this, please contact our office on 5967 1800."
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91.7%
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-$10,000
-$18,679
3.3%
2.4%
-13.3%
6.0%
Asking Price
$750,000
Estimated Purchase Price
$750,000
Stamp Duty
$40,070
Transfer Fee
$1,861
Conveyancing
$1,196
Deposit (10%)
$75,000
Reg. Mortgage
$129
LMI Premium
$21,385
Renovation Costs
-
Total Cash/Equity Required
$140,190
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$24,960
$35,526
Property Management
+7.7% PA
$1,922
$2,735
Rates
+3.0% PA
$1,907
$2,488
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
$17,866
$26,042
Interest Repayments
$44,550
$44,550
Net Cashflow Before Tax
-$26,684
-$18,508
Depreciation
-
-
Tax Offset
-$8,005
-$5,552
Net Cashflow After Tax
-$18,679
-$12,956
Assumptions
Year 1
Year 10
Property Value
6.8%
$790,320
$1,428,711
Loan Balance
I.O
$675,000
$675,000
$115,320
$753,711
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewLocation, 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
Retail Trade - 12.0%
Education and Training - 12.0%
Manufacturing - 10.0%
Health Care and Social Assistance - 10.0%
Others - 56.0%
Average Income
Average Population
projected
for 2024 to 2026
Average Days of Supply