Withheld
$119,197
"MelbourneWest Real Estate is pleased to present this exquisite residence, perfectly situated in the tranquil and soughtafter enclave of Caroline Springs. This lowmaintenance home is ideal for discerning first home buyers, astute investors, or those looking to downsize without compromising on style and sophistication. Key Features 3 generously proportioned bedrooms, all adorned with builtin robes BIR and plush carpeting The luxurious master suite features a walkin robe and private access to an elegantly designed 2way bathroom Two additional bedrooms with builtin robes, offering both style and convenience A meticulously designed central bathroom Two linen cupboards, providing ample storage for linens and fine garments A versatile lounge or study space with opulent wooden flooring, perfect for quiet reading or a home office An expansive living area, ideal for entertaining guests or enjoying serene family moments A designer Laminex kitchen with a walkin pantry, fitted with premium stainless steel appliances Secure lockup carport for peace of mind A stylish pergola in the rear garden, perfect for alfresco dining or sophisticated soires Immaculately landscaped, lowmaintenance front and rear gardens Additional Luxuries Stateoftheart split air conditioning system for yearround comfort Sleek stainless steel appliances, including a highend dishwasher Elegant window furnishings throughout Central cooling system for refined comfort during warmer months And many other premium inclusions This distinguished property offers an exceptional opportunity to embrace a lifestyle of elegance and ease in one of Caroline Springs most desirable locations. Dont miss the chance to make this impeccable home your own"
Below are some similar properties in the area you may be interested in.
-
74.4%
$988K
2.7%
$10,000
-$19,221
3.0%
2.1%
-14.3%
6.0%
Asking Price
-
Estimated Purchase Price
$720,000
Stamp Duty
$38,270
Transfer Fee
$1,791
Conveyancing
$1,196
Deposit (10%)
$72,000
Reg. Mortgage
$129
LMI Premium
$20,530
Renovation Costs
-
Total Cash/Equity Required
$134,465
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$21,840
$31,085
Property Management
+7.7% PA
$1,682
$2,394
Rates
+3.0% PA
$1,584
$2,067
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
$15,309
$22,365
Interest Repayments
$42,768
$42,768
Net Cashflow Before Tax
-$27,459
-$20,403
Depreciation
-
-
Tax Offset
-$8,238
-$6,121
Net Cashflow After Tax
-$19,221
-$14,282
Assumptions
Year 1
Year 10
Property Value
6.8%
$779,640
$1,409,404
Loan Balance
I.O
$648,000
$648,000
$131,640
$761,404
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 - 14.0%
Education and Training - 14.0%
Construction - 11.0%
Health Care and Social Assistance - 10.0%
Others - 51.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price