$295K
$43,701
"Why wouldnt you invest in your lifestyle and enjoy a daily hop and a skip to the beautiful Hopkins River Owneroccupiers, downsizers and investors will be interested in the lifestyle and amenities this residential community offers. This is your dream home or homeawayfromhome. This cleverly planned and well maintained home is surprising spacious, comprising Open plan living with a large lounge room and dedicated dining area Modern kitchen with laminate benchtops, tiled splashback, gas cooktop, fan forced oven plus rangehood, dishwasher, pantry and plenty of cupboards Two spacious bedrooms with built in wardrobes Beautifully renovated bathroom with shower, vanity and laundry facilities Separate toilet Private and enclosed outdoor courtyard to soak up the sun, potter in the garden and spend time with family and pets Onsite parking This home provides an opportunity to enjoy holiday living with fantastic Park facilities. Your new lifestyle will allow you to lock up your home and go travelling while the Park management take care in maintaining all the common areas, amenities and gardens while you are away. Enjoy a life less complicated, where the constraints and obligations of typical home ownership are exchanged for an affordable, secure, low maintenance alternative. Breath in the fresh air, immerse yourself in nature and let the surrounds bring you back to your senses For further information or to arrange a viewing, please contact selling agent Christine Steere 0409 906 223"
Below are some similar properties in the area you may be interested in.
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88.5%
$900K
2.8%
$225,000
-$1,020
8.0%
5.4%
-2.3%
6.0%
Asking Price
$295,000
Estimated Purchase Price
$260,000
Stamp Duty
$10,670
Transfer Fee
$714
Conveyancing
$1,196
Deposit (10%)
$26,000
Reg. Mortgage
$129
LMI Premium
$4,443
Renovation Costs
-
Total Cash/Equity Required
$43,701
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$20,800
$29,605
Property Management
+7.7% PA
$1,602
$2,280
Rates
+3.0% PA
$1,946
$2,539
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
$13,987
$20,526
Interest Repayments
$15,444
$15,444
Net Cashflow Before Tax
-$1,457
$5,082
Depreciation
-
-
Tax Offset
-$437
$1,525
Net Cashflow After Tax
-$1,020
$3,557
Assumptions
Year 1
Year 10
Property Value
6.8%
$517,980
$936,385
Loan Balance
I.O
$234,000
$234,000
$283,980
$702,385
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Health Care and Social Assistance - 19.0%
Retail Trade - 14.0%
Education and Training - 10.0%
Accommodation and Food Services - 9.0%
Others - 48.0%
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