Withheld
$314,733
"Magnificently positioned in a prized treelined culdesac, this captivating lightfilled Edwardian combines period elegance with contemporary comfort, space and style to deliver exceptional lifestyle appeal close to High Streets shops and cafes, trams and schools. Beyond the enchanting front garden and appealing exterior profile of the brick singlefronted residence, a wide entrance hall with soaring ceilings, limed oak floorboards and a decorative arch introduce the generously proportioned spaces that are the hallmark of this stylishly renovated home. A dualaspect extension houses the stunning kitchen, living and dining zone which is flooded with northern light and offers the ultimate in relaxed family living. Custom cabinetry and a gas fireplace add further considered amenity. The exceptionally wellappointed gourmet kitchen pairs a stonetopped island and benchtops with premium Miele appliances including an induction cooktop, integrated fridge and freezer and extensive cabinetry including a spacious pantry cupboard. Floortoceiling, fullwidth sliding doors open onto a northeast facing private garden featuring an entertainers deck for alfresco dining and a lush lawn. Three spacious bedrooms include the stylish master which has a chic ensuite with stone vanity and builtin robe. Two more bedrooms with open fireplaces and builtin robes are serviced by a sparkling tiled designer bathroom with freestanding bath. Finished to impeccable standards, this impressive residence also features a European laundry, concealed study nook, plantation shutters, roller blinds, heating, reverse cycle cooling and security alarm. Ideally located near to High Streets shopping precinct, the Hawksburn and Toorak Villages, Toorak and Armadale train stations and Lumley Park."
1.7%
55.9%
$3.89M
1.2%
-$25,000
-$4,336
-
-
-81.6%
-
Asking Price
$26,000
Estimated Purchase Price
$25,000
Stamp Duty
$350
Transfer Fee
$164
Conveyancing
$1,196
Deposit (10%)
$2,500
Reg. Mortgage
$129
LMI Premium
$427
Renovation Costs
-
Total Cash/Equity Required
$5,316
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,444
$1,884
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
-$4,709
-$6,144
Interest Repayments
$1,485
$1,485
Net Cashflow Before Tax
-$6,194
-$7,629
Depreciation
-
-
Tax Offset
-$1,858
-$2,289
Net Cashflow After Tax
-$4,336
-$5,340
Assumptions
Year 1
Year 10
Property Value
6.8%
-
-
Loan Balance
I.O
$22,500
$22,500
-$22,500
-$22,500
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2021 Population
Suburbs
Retail Trade - 18.0%
Health Care and Social Assistance - 16.0%
Professional, Scientific and Technical Services - 12.0%
Accommodation and Food Services - 11.0%
Others - 43.0%
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