$749K
$125,876
"Discover the allure of Lake Gardens with this impeccably maintained home boasting a picturesque garden and a wealth of desirable features. Nestled in a tranquil setting, this residence offers four bedrooms and two bathrooms, providing ample space for comfortable living. Inside, enjoy the convenience of internal access from the garage, ensuring ease and security. Step outside to a charming pergola at the rear, perfect for alfresco dining or relaxing amidst the peaceful surroundings. Location is key, with top colleges in close proximity and the iconic Lake Wendouree and Botanical Gardens just a leisurely 5minute stroll away. Whether youre drawn to morning walks by the lake or seeking a serene retreat, this home offers the perfect balance of convenience and tranquillity. Meticulously kept and in perfect order, this property invites you to experience the best of Lake Gardens living. Dont miss out on this opportunity to call this beautiful residence your own."
Below are some similar properties in the area you may be interested in.
-
70.2%
$656K
3.4%
-$15,000
-$17,043
3.4%
2.4%
-13.1%
6.0%
Asking Price
$749,000
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
$23,920
$34,046
Property Management
+7.7% PA
$1,842
$2,622
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
$16,936
$24,715
Interest Repayments
$41,283
$41,283
Net Cashflow Before Tax
-$24,347
-$16,568
Depreciation
-
-
Tax Offset
-$7,304
-$4,970
Net Cashflow After Tax
-$17,043
-$11,598
Assumptions
Year 1
Year 10
Property Value
6.8%
$726,240
$1,312,869
Loan Balance
I.O
$625,500
$625,500
$100,740
$687,369
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