$850K
$175,498
"This charming residence is more than just a house its a lifestyle upgrade, offering 4 bedrooms, multiple living zones with a harmonious blend of comfort, style, and convenience. Step inside and be greeted by a lightfilled lounge and dining area, where natural light floods the space, creating a warm and inviting atmosphere. The openplan design seamlessly integrates the indoor and outdoor living spaces, with the dining area flowing effortlessly onto a fabulous deck, this outdoor haven is perfect for entertaining, as you soak in the serene surroundings. The kitchen and meals area also leads onto the rear deck, offering another space to enjoy alfresco dining. The fully fenced backyard provides a safe and private retreat for children to play or for pets to roam freely. The master bedroom comes complete with its own balcony and semi ensuite. Downstairs, discover a large rumpus room bathed in natural sunlightan ideal space for family movie nights, a playroom, or even a home gym. A study nook is thoughtfully included, providing a quiet spot for work or study. Outside, the property continues to impress, with space for three cars in the double and single carports, theres ample parking for the whole family. A generoussized studio offers endless possibilities, whether you need a home office, artists studio, or guest accommodation. Additionally, a large workshop is perfect for the DIY enthusiast or for extra storage. Located within walking distance to Selby Tennis Courts, Minak Reserve, the local primary school, and a convenient bus stop, this home offers the perfect blend of peaceful living and accessibility. Belgrave Central is just a 5minute drive away, ensuring youre never far from shops, cafes, and the vibrant community life. This home is more than just a place to liveits where your familys memories will be made. Dont miss the opportunity to make it yours. httpswww.consumer.vic.gov.auduediligencechecklist Please note All property details listed were current at the time of publishing."
-
91.8%
$882K
2.5%
-$45,000
-$26,547
2.6%
1.8%
-15.5%
6.0%
Asking Price
$850,000
Estimated Purchase Price
$915,000
Stamp Duty
$49,970
Transfer Fee
$2,247
Conveyancing
$1,196
Deposit (10%)
$91,500
Reg. Mortgage
$129
LMI Premium
$26,090
Renovation Costs
-
Total Cash/Equity Required
$171,681
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
$54,351
$54,351
Net Cashflow Before Tax
-$37,925
-$30,358
Depreciation
-
-
Tax Offset
-$11,377
-$9,107
Net Cashflow After Tax
-$26,547
-$21,251
Assumptions
Year 1
Year 10
Property Value
6.8%
$929,160
$1,679,700
Loan Balance
I.O
$823,500
$823,500
$105,660
$856,200
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewLocation, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
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 Days of Supply
Sold Price
Asking Price
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