$640K
$106,791
"Nestled in the picturesque suburb of Caroline Springs, 7 William Circuit offers an unmissable opportunity for first home buyers, downsizers, and savvy investors. This charming 3bedroom home is situated in a convenient neighbourhood, surrounded by shopping strips, parkland and reserves, and major arterial roads. Features of this Delightful Property Inviting Entry As you step inside, you are greeted by a formal lounge, perfect for welcoming guests or enjoying quiet moments. Spacious Open Plan Living Continue down the hallway to discover a large kitchen with excellent storage and ample bench space, ideal for all your culinary needs. The kitchen overlooks the meals and second living area, creating a seamless flow for family gatherings and entertaining. Outdoor Entertaining Step outdoors to the pergola, an inviting space for alfresco dining and relaxation. Comfortable Bedrooms The home boasts three bedrooms, providing plenty of living space for the family. The master bedroom provides convenience with an ensuite and walkin robe, while the other two bedrooms are each fitted with builtin robes offering excellent storage. Prime Location Enjoy the benefits of living in a wellconnected area with easy access to shopping, parks, and major roads. This charming home at 7 William Circuit, Caroline Springs, is a perfect blend of comfort, convenience, and style. Dont miss out on this fantastic opportunitycontact us today to arrange a viewing"
-
78.7%
-
-
$50,000
-$27,927
-
-
-25.5%
6.0%
Asking Price
$640,000
Estimated Purchase Price
$590,000
Stamp Duty
$30,470
Transfer Fee
$1,486
Conveyancing
$1,196
Deposit (10%)
$59,000
Reg. Mortgage
$129
LMI Premium
$16,823
Renovation Costs
-
Total Cash/Equity Required
$109,654
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$4,849
-$6,327
Interest Repayments
$35,046
$35,046
Net Cashflow Before Tax
-$39,895
-$41,373
Depreciation
-
-
Tax Offset
-$11,969
-$12,412
Net Cashflow After Tax
-$27,927
-$28,961
Assumptions
Year 1
Year 10
Property Value
6.8%
$683,520
$1,235,642
Loan Balance
I.O
$531,000
$531,000
$152,520
$704,642
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Retail Trade - 14.0%
Education and Training - 14.0%
Construction - 11.0%
Health Care and Social Assistance - 10.0%
Others - 51.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price