$570K
$105,837
"Welcome to 9 Arnott Street, a stunning residential property that perfectly balances modern living with a prime location. This beautifully designed property features three spacious bedrooms, all equipped with builtin robes, ensuring ample storage for your personal belongings. The sleek kitchen flows seamlessly into the openplan living area, filled with natural light, creating a warm and inviting atmosphere for family gatherings or entertaining friends. Step outside to enjoy the lowmaintenance gardens that surround the home, providing a peaceful retreat without the hassle of extensive upkeep. The front deck is the ideal spot to soak up the morning sun, making it a perfect place to enjoy your coffee or read a book. With a split system for climate control and insulation in the walls, youll appreciate the comfortable internal temperatures throughout the year. Located close to local shops, the Tarwin River jetty, and a recreational reserve, this property is perfect for those who love fishing and outdoor activities. Whether youre seeking a holiday home or a permanent residence, 9 Arnott Street offers an exceptional lifestyle in a thriving community. Dont miss out on this fantastic opportunity"
Below are some similar properties in the area you may be interested in.
-
88.3%
$460K
6.8%
-$290,000
-$18,997
2.3%
1.2%
-17.9%
6.0%
Asking Price
$570,000
Estimated Purchase Price
$570,000
Stamp Duty
$29,270
Transfer Fee
$1,440
Conveyancing
$1,196
Deposit (10%)
$57,000
Reg. Mortgage
$129
LMI Premium
$16,253
Renovation Costs
-
Total Cash/Equity Required
$105,837
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$13,000
$18,503
Property Management
+7.7% PA
$1,001
$1,425
Rates
+3.0% PA
$2,014
$2,628
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
$6,720
$10,190
Interest Repayments
$33,858
$33,858
Net Cashflow Before Tax
-$27,138
-$23,668
Depreciation
-
-
Tax Offset
-$8,141
-$7,100
Net Cashflow After Tax
-$18,997
-$16,567
Assumptions
Year 1
Year 10
Property Value
6.8%
$299,040
$540,593
Loan Balance
I.O
$513,000
$513,000
-$213,960
$27,593
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewLocation, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
2021 Population
Suburbs
Agriculture, Forestry and Fishing - 20.0%
Health Care and Social Assistance - 11.0%
Retail Trade - 9.0%
Manufacturing - 8.0%
Others - 52.0%
Average Income
Average Population
projected
for 2024 to 2026
Average Days of Supply