$699K
$146,870
"Just a stones throw from the Wimmera River and its scenic walking tracks, this immaculate family home offers space and comfort. Lightfilled open plan kitchen, dining, and living area Spacious kitchen with a walkin pantry, stone benchtops, and electric cooking facilities An additional large family living area is located at the front of the home that features bay windows that flood the room with natural light Home officestudy located off the living area, ideal for working from home Four spacious bedrooms, including a master with a walkin robe and ensuite. The remaining three bedrooms feature builtin robes Spacious family bathroom with a separate toilet and a spa bath Outside, theres a large outdoor entertaining area and a lowmaintenance backyard as well as a generous garden shed Land size Approx. 911 sqm Source PriceFinder Zoning General Residential Zone GRZ1 Investors, please note that minimum rental standards now apply in Victoria httpswww.consumer.vic.gov.auhousingrentingrepairsalterationssafetyandpetsminimumstandardsminimumstandardsforrentalproperties"
Below are some similar properties in the area you may be interested in.
-
87.7%
$660K
3.8%
-$165,000
-$20,768
3.4%
2.5%
-13.0%
6.0%
Asking Price
$795,000
Estimated Purchase Price
$855,000
Stamp Duty
$46,370
Transfer Fee
$2,106
Conveyancing
$1,196
Deposit (10%)
$85,500
Reg. Mortgage
$129
LMI Premium
$24,379
Renovation Costs
-
Total Cash/Equity Required
$160,230
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
Rates
+3.0% PA
$2,015
$2,629
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
$21,118
$30,683
Interest Repayments
$50,787
$50,787
Net Cashflow Before Tax
-$29,669
-$20,104
Depreciation
-
-
Tax Offset
-$8,901
-$6,031
Net Cashflow After Tax
-$20,768
-$14,073
Assumptions
Year 1
Year 10
Property Value
6.8%
$736,920
$1,332,176
Loan Balance
I.O
$769,500
$769,500
-$32,580
$562,676
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2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 12.0%
Agriculture, Forestry and Fishing - 8.0%
Accommodation and Food Services - 7.0%
Others - 55.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price