$550K
$98,495
"Located at the end of Victoria Street and nestled next to post and rail fences and grazing land, this contemporary home built by award winning builder Ecoliv, is sustainable and peaceful living at its best. The home is architecturally designed to capture light from every room, and take in the the views whilst incorporating functional living spaces and a minimum 7 star energy rating. Situated on a 574 m2 block with views of Wilsons Promontory Corner Inlet and grazing land, this passive solar home is designed to deliver long term energy efficiency. Additional features include 7 Star Energy Efficiency Rating Open plan Kitchen, Living Dining, central kitchen with gas electric cooking, generous storage bench space 3 Bedrooms with BIRs Centrally located family bathroom 2 toilets RCAC Tasmanian Oak flooring to main areas carpets in bedrooms Front Rear decks, the front capturing the water and Wilsons Promontory views and the rear deckalfresco area has a northerly aspect and quality all weather blinds for all year round enjoyment 5.55kw gridconnected solar power system 10,000 litre water tank plus mains water Solar hot water system European Laundry Single car LU garage with work benches Low maintenance lawn garden areas including fruit trees and raised vegie beds There is a lot to like about this home and an inspection to appreciate the property fully is recommended. For more information please contact Peter Bellingham at Ray White Foster. Inspections are strictly by appointment."
Below are some similar properties in the area you may be interested in.
3%
76.1%
-
-
-$190,000
-$14,805
3.3%
2.1%
-15.0%
6.0%
Asking Price
$549,500
Estimated Purchase Price
$550,000
Stamp Duty
$28,070
Transfer Fee
$1,393
Conveyancing
$1,196
Deposit (10%)
$55,000
Reg. Mortgage
$129
LMI Premium
$12,158
Renovation Costs
-
Total Cash/Equity Required
$98,496
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$18,200
$25,904
Property Management
+7.7% PA
$1,401
$1,995
Rates
+3.0% PA
$2,014
$2,628
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
$11,520
$17,022
Interest Repayments
$32,670
$32,670
Net Cashflow Before Tax
-$21,150
-$15,648
Depreciation
-
-
Tax Offset
-$6,345
-$4,694
Net Cashflow After Tax
-$14,805
-$10,954
Assumptions
Year 1
Year 10
Property Value
6.8%
$384,480
$695,048
Loan Balance
I.O
$495,000
$495,000
-$110,520
$200,048
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 20.0%
Health Care and Social Assistance - 11.0%
Retail Trade - 9.0%
Manufacturing - 8.0%
Others - 52.0%
Average Income
Average Population
projected
for 2024 to 2026
Average Days of Supply