$650K
$129,694
"This very unique 3 Bedroom home dates back to times when the Kelly Gang roamed Avenel. The house has a large kitchen that leads to the hallway and 3 Bedrooms. The Master bedroom has built in robes, sitting room and Sun room, with vaulted ceilings to the lounge. The large block of 4,047m2 approx. has an abundance of plants and trees scattered throughout. The large 6 Bay shed with its old Oregon trusses and the size of 20m x 9m will suit any pursuit. The property has a Planning Permit and Endorsed Plan to subdivide a 604m2 block with entry from Mutton Street. A 40ft container, numerous sheds and graveled driveway adds to the charm of this very unique property. Inspection is a must"
Below are some similar properties in the area you may be interested in.
-
78.9%
$605K
3.9%
-$245,000
+
12.0%
10.4%
16.6%
6.0%
Asking Price
$750,000
Estimated Purchase Price
$780,000
Stamp Duty
$41,870
Transfer Fee
$1,931
Conveyancing
$1,196
Deposit (10%)
$78,000
Reg. Mortgage
$129
LMI Premium
$22,241
Renovation Costs
-
Total Cash/Equity Required
$145,916
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$93,600
$133,222
Property Management
+7.7% PA
$7,207
$10,258
Rates
+3.0% PA
$2,142
$2,795
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
$80,986
$115,909
Interest Repayments
$46,332
$46,332
Net Cashflow Before Tax
$34,654
$69,577
Depreciation
-
-
Tax Offset
$10,396
$20,873
Net Cashflow After Tax
$24,258
$48,704
Assumptions
Year 1
Year 10
Property Value
6.8%
$571,380
$1,032,919
Loan Balance
I.O
$702,000
$702,000
-$130,620
$330,919
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 25.0%
Manufacturing - 9.0%
Health Care and Social Assistance - 9.0%
Accommodation and Food Services - 8.0%
Others - 49.0%
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