$510K
$79,128
"Our vendor has provided clear instructions and we cannot see any reasons why this oversized home will not attract a buyer now. This wellpresented, recently renovated home was extended and improved some years ago to create the large home we have today. Open plan kitchen, dining and a lounge room that can only be described as huge The living room features a wood fire and wood panel flooring. This beautiful kitchen is constantly flooded with natural light and includes a new Franke Commercial gas stove, new dishwasher, plenty of storage, stunning slate flooring and access to the outside entertainment area. The kitchen is a chefs paradise with its high quality appliances, space, and ample benchtops. Boasting 4 bedrooms, the master features a walk in wardrobe and ensuite, with built in robes in the remaining 3 bedrooms. Main bathroom with a separate bath and shower. Outside is a fully enclosed yard, perfect for kids and pets. Veggie gardens, ample shedding, and low maintenance gardens. Book your inspection today Contact Ian Seed at 0436 036 646 or the office 03 5114 6552. We are open 7 days per week. Check the OFI schedule for Saturdays to view this one."
Below are some similar properties in the area you may be interested in.
-
84.6%
-
-
$215,000
-$7,688
5.0%
3.6%
-9.3%
6.0%
Asking Price
$500,000
Estimated Purchase Price
$465,000
Stamp Duty
$22,970
Transfer Fee
$1,194
Conveyancing
$1,196
Deposit (10%)
$46,500
Reg. Mortgage
$129
LMI Premium
$10,279
Renovation Costs
-
Total Cash/Equity Required
$82,818
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
Rates
+3.0% PA
$1,695
$2,212
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
$16,638
$24,269
Interest Repayments
$27,621
$27,621
Net Cashflow Before Tax
-$10,983
-$3,352
Depreciation
-
-
Tax Offset
-$3,295
-$1,006
Net Cashflow After Tax
-$7,688
-$2,346
Assumptions
Year 1
Year 10
Property Value
6.8%
$726,240
$1,312,869
Loan Balance
I.O
$418,500
$418,500
$307,740
$894,369
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 14.0%
Health Care and Social Assistance - 12.0%
Retail Trade - 10.0%
Construction - 10.0%
Others - 54.0%
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