Withheld
$77,284
"At a glance Dual level 3 bedroom, 2 bathroom plus study design Ground floor livingdining with a courtyard outlook Car parking from Alfred Street, pedestrian rear ROW Close to Greville Street, Prahran Station, St Kilda Road and tram routes Abode A faade that reflects this residences modern interpretation of classical terrace traditions introduces the dynamic spaces that await within. Polished parquetry defines ground level dimensions for living and dining that reveal a lowmaintenance courtyard and convenient laneway ROW while an openplan kitchen is a model of userfriendly efficiency. A central study and a main bedroom with an ensuite add to the ground floor appeal beneath the upstairs levels two further bedrooms, both with balconies, and a second bathroom. Off street parking contributes significant innercity convenience. Area Surrounded by all the lifestyle attractions of Prahran, St Silda and South Yarra outstanding. Close proximity to Prahran Station, Greville Street shops and restaurants, and Fawkner Park."
-
43.6%
$1.5M
2.9%
$1,720,000
+
138.7%
112.3%
370.2%
6.0%
Asking Price
$30,000
Estimated Purchase Price
$30,000
Stamp Duty
$470
Transfer Fee
$176
Conveyancing
$1,196
Deposit (10%)
$3,000
Reg. Mortgage
$129
LMI Premium
$513
Renovation Costs
-
Total Cash/Equity Required
$6,033
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$41,600
$59,210
Property Management
+7.7% PA
$3,203
$4,559
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
$33,688
$48,506
Interest Repayments
$1,782
$1,782
Net Cashflow Before Tax
$31,906
$46,724
Depreciation
-
-
Tax Offset
$9,572
$14,017
Net Cashflow After Tax
$22,334
$32,707
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,869,000
$3,378,707
Loan Balance
I.O
$27,000
$27,000
$1,842,000
$3,351,707
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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