$614K
$95,728
"Located on the crest of a hill, this charming Brian and Peterson built residence offers a picturesque setting with breathtaking views of the surrounding landscape. Boasting a generous land size of approximately 895m2, this home presents a unique opportunity for those seeking tranquillity without compromising on convenience. Situated in the everpopular suburb of Nerrina, this property provides easy access to schools, transportation, and the Western Freeway, ensuring a lifestyle of comfort and accessibility. Upon entering, you are greeted by a front formal lounge, setting the tone for elegant and comfortable living. The openplan design seamlessly integrates the kitchen, dining, and living areas, creating a spacious and inviting atmosphere for family and guests. The wellappointed kitchen features a gas cooktop, electric oven, and ample storage throughout. The home comprises three bedrooms, with the master bedroom boasting a walkin robe and ensuite for added convenience. The two additional bedrooms are equipped with builtin robes, offering ample storage space. The family bathroom is complete with a separate bath and shower. Embracing indooroutdoor living, this residence showcases an undercover alfresco area that seamlessly extends the living space into the fresh air. The backyard, with its gazebo and lovely landscaping, provides a great space for entertaining family and friends. Additional features include gas heating and split system cooling, ensuring yearround comfort, as well as a double lockup garage for secure parking. This is a unique opportunity to secure a home that harmoniously blends comfortable living, stunning views, and a convenient location. . Dont miss out on making 205 Nerrina Road your new address where every day feels like a retreat. Contact us today to arrange a private inspection and envision the lifestyle that awaits you"
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90.3%
$763K
3.2%
$235,000
-$10,726
4.4%
3.1%
-11.2%
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Asking Price
$614,000
Estimated Purchase Price
$535,000
Stamp Duty
$27,170
Transfer Fee
$1,358
Conveyancing
$1,196
Deposit (10%)
$53,500
Reg. Mortgage
$129
LMI Premium
$11,827
Renovation Costs
-
Total Cash/Equity Required
$95,729
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
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
$16,456
$24,032
Interest Repayments
$31,779
$31,779
Net Cashflow Before Tax
-$15,323
-$7,747
Depreciation
-
-
Tax Offset
-$4,597
-$2,324
Net Cashflow After Tax
-$10,726
-$5,423
Assumptions
Year 1
Year 10
Property Value
6.8%
$822,360
$1,486,631
Loan Balance
I.O
$481,500
$481,500
$340,860
$1,005,131
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 - 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