Withheld
$208,278
"Adjacent to Feathertop Chase Park and in the highly soughtafter Mount Waverley Secondary College zone, this stunning double storey family home offers modern living with convenience at its core. Ideal for families seeking comfort and convenience. Boasting 4 generously sized bedrooms and 3 bathrooms, this home offers ample space for growing families. On the ground floor you will discover a stylishly renovated kitchen, with gleaming floorboards complimenting open plan living dining filled with natural light, creating a warm and inviting atmosphere ideal for both casual meals and formal entertaining plus a bedroom and a bathroom suitable for guests or inlaw accommodation. Upstairs, youll find the master bedroom with a walkin robe, an ensuite with a spa plus two additional bedrooms and a central bathroom and an additional lounge room, all perfect for family living or home office setups. The home also includes an entertainers covered deck, reverse cycle coolingheating, central heating plus evaporative cooling throughout, a double lockup garage with internal access. With easy access to public transport, shopping centres, parks, and toptier schools, this home perfectly combines modern living with an unbeatable location. We donate a portion of our fee from every property transaction to the Woodards Foundation to support people experiencing homelessness, family violence and social isolation."
Below are some similar properties in the area you may be interested in.
-
85.5%
-
-
$55,000
-$31,627
3.0%
2.4%
-12.9%
6.0%
Asking Price
-
Estimated Purchase Price
$1,285,000
Stamp Duty
$70,675
Transfer Fee
$3,113
Conveyancing
$1,196
Deposit (10%)
$128,500
Reg. Mortgage
$129
LMI Premium
$40,208
Renovation Costs
-
Total Cash/Equity Required
$244,370
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$39,000
$55,509
Property Management
+7.7% PA
$3,003
$4,274
Rates
+3.0% PA
$1,584
$2,067
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
$31,148
$44,908
Interest Repayments
$76,329
$76,329
Net Cashflow Before Tax
-$45,181
-$31,421
Depreciation
-
-
Tax Offset
-$13,554
-$9,426
Net Cashflow After Tax
-$31,627
-$21,995
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,431,120
$2,587,124
Loan Balance
I.O
$1,156,500
$1,156,500
$274,620
$1,430,624
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 - 18.0%
Education and Training - 12.0%
Retail Trade - 11.0%
Professional, Scientific and Technical Services - 8.0%
Others - 51.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price