$1.4M
$239,654
"Crest of the hill convenience complements the private garden setting of this stylishlyrenovated four bedroom, two bathroom residence where a family can relax in complete comfort and enjoy a peaceful ambience near excellent amenities. Beautifully blending original midcentury character with contemporary style, a lightfilled interior spanning a surprisingly spacious single level flows on polished hardwood floors through an inviting living room with a Jetmaster fireplace to a casual dining area adjoining a superb stonetopped kitchen with stainlesssteel appliances and a butlers pantry. A family room at the rear serves as a cosy retreat to capture views of the garden and opens to a large entertainment deck with an automatic retractable awning while overlooking a secure landscaped oasis thats rustic by design with a fire pit area for warm gatherings and vegetable beds for a touch of homegrown goodness. Generous family accommodation consists of four fabulous bedrooms with the main offering a walkin robe and a modern ensuite, while theres an updated family bathroom, a separate toilet and fullsize laundry. Also includes costsaving solar electricity, ducted heating and cooling, and ample offstreet parking. Seize the opportunity, love the living and make the most of a prime Heidelberg position that offers easy access to Burgundy Streets vibrant shopping and dining precinct, the Austin Hospital, Rosanna Village cafes, train station and numerous schools along with tranquil parkland and walking trails. Miles Real Estate."
Below are some similar properties in the area you may be interested in.
-
83.7%
$1.39M
2.4%
-$1,340,000
-$34,111
2.9%
2.3%
-13.4%
-
Asking Price
$1,450,000
Estimated Purchase Price
$1,340,000
Stamp Duty
$73,700
Transfer Fee
$3,241
Conveyancing
$1,196
Deposit (10%)
$134,000
Reg. Mortgage
$129
LMI Premium
$41,929
Renovation Costs
-
Total Cash/Equity Required
$254,745
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
$1,866
$2,435
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
$30,866
$44,540
Interest Repayments
$79,596
$79,596
Net Cashflow Before Tax
-$48,730
-$35,056
Depreciation
-
-
Tax Offset
-$14,619
-$10,517
Net Cashflow After Tax
-$34,111
-$24,539
Assumptions
Year 1
Year 10
Property Value
6.8%
-
-
Loan Balance
I.O
$1,206,000
$1,206,000
-$1,206,000
-$1,206,000
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 - 31.0%
Education and Training - 11.0%
Retail Trade - 10.0%
Construction - 7.0%
Others - 41.0%
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