$1.5M
$265,120
"Delivering enough space to welcome a family and a location that will appeal to any lifestyle buyer, this triplelevel townhouse triumphs with a low maintenance setting enabling your leisure time to be exactly that The lightfilled accommodation is centred around a firstfloor entertaining zone offering expansive spaces to relax dine which spill out to a generous northfacing balcony. The superb kitchen is tailoredmade for hosts who will love the stretches of stone workspace, substantial practical storage and quality appliances the long breakfast bar is perfect for casual drinks or easy meals. On the entry level are two peaceful bedrooms both with generous builtin storage, one opening out to the easycare yet leafy rear courtyard. These rooms flank a sparkling spa bathroom. Commanding the top floor is the fabulous master with walkin wardrobes and an oversized ensuite luxuriating in a twin vanity and bath. A laundry with outdoor access and guests powder room are also offered together with multiple reversecycle airconditioners ensuring absolute comfort throughout. The modern and wellmaintained home is complemented by an auto garage with direct entry to the home in addition to an extra onsite parking space. Spoiled for choice with High Street, Chapel Street Malvern Road all just five minutes away on foot, you have access to a vast variety of dining options and shops. Trams, the station Prahran Market plus parklands recreation are also all easily reachable."
Below are some similar properties in the area you may be interested in.
-
66.4%
$1.19M
3.5%
$85,000
-$36,452
3.2%
2.6%
-12.3%
6.0%
Asking Price
$1,650,000
Estimated Purchase Price
$1,565,000
Stamp Duty
$86,075
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$156,500
Reg. Mortgage
$129
LMI Premium
$48,969
Renovation Costs
-
Total Cash/Equity Required
$297,035
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$49,400
$70,312
Property Management
+7.7% PA
$3,804
$5,414
Rates
+3.0% PA
$1,444
$1,884
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
$40,887
$58,753
Interest Repayments
$92,961
$92,961
Net Cashflow Before Tax
-$52,074
-$34,208
Depreciation
-
-
Tax Offset
-$15,622
-$10,262
Net Cashflow After Tax
-$36,452
-$23,945
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,762,200
$3,185,638
Loan Balance
I.O
$1,408,500
$1,408,500
$353,700
$1,777,138
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Retail Trade - 18.0%
Health Care and Social Assistance - 16.0%
Professional, Scientific and Technical Services - 12.0%
Accommodation and Food Services - 11.0%
Others - 43.0%
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