$775K
$130,648
"Are you ready to sit back and enjoy that hills lifestyle with an easy walk into Belgrave village All the hard work has been done to this spacious family home offering 4 bedrooms and multiple living spaces. The lower level comprises entry, lounge, and the adjacent master bedroom. Upstairs leads to the main open plan living of kitchen, dining and tv room. Step out onto the front deck that overlooks the distant trees tops and sunsets by night. The kids and fourlegged family members will enjoy the lawned backyard adjacent to a paved courtyard entertaining space. Other features to note are robed bedrooms, a EURO laundry, and the home is heated and cooled by 2 split system units. The property has offstreet parking not that you need a car and is so conveniently located just a fiveminute walk into town. You cant be too early but you can be too late so book your viewing or see you at the open day. Contact GRANT SKIPSEY on 0418528102 httpswww.consumer.vic.gov.auduediligencechecklist Please note All property details listed were current at the time of publishing."
-
87.4%
-
-
$145,000
-$18,231
3.3%
2.3%
-13.7%
6.0%
Asking Price
$775,000
Estimated Purchase Price
$715,000
Stamp Duty
$37,970
Transfer Fee
$1,779
Conveyancing
$1,196
Deposit (10%)
$71,500
Reg. Mortgage
$129
LMI Premium
$20,387
Renovation Costs
-
Total Cash/Equity Required
$133,511
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
$1,907
$2,488
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
$16,426
$23,993
Interest Repayments
$42,471
$42,471
Net Cashflow Before Tax
-$26,045
-$18,478
Depreciation
-
-
Tax Offset
-$7,813
-$5,543
Net Cashflow After Tax
-$18,231
-$12,935
Assumptions
Year 1
Year 10
Property Value
6.8%
$918,480
$1,660,393
Loan Balance
I.O
$643,500
$643,500
$274,980
$1,016,893
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2021 Population
Suburbs
Retail Trade - 12.0%
Education and Training - 12.0%
Manufacturing - 10.0%
Health Care and Social Assistance - 10.0%
Others - 56.0%
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