$485K
$77,284
"Nestled in the highly soughtafter area of Black Hill, 5 Killeen Avenue offers a perfect blend of comfort and convenience. This charming property boasts three wellproportioned bedrooms, two of which come with builtin robes, providing ample storage space. The sunlit lounge area, with its double glass doors, invites plenty of natural light, creating a warm and inviting atmosphere. The kitchen is designed with functionality in mind, offering ample space for a dining table, making it a great spot for family meals. The home is equipped with a gas heater and a full gas central heating system via floor ducts, ensuring comfort throughout the colder months. Additionally, the Rinnaicontrolled hot water system adds to the convenience and efficiency of the home. The property features a separate bath and shower, catering to the needs of a growing family. The is a rear sunroom that is small but added useful space. Outside, the single garage offers secure parking, with extra space available for additional vehicles. Set on a generous 708sqm block, the home enjoys a private location with lovely views from the front porch area, providing a serene setting to unwind and take in the surroundings. This property is ideally positioned in a popular Black Hill location, offering both tranquility and easy access to local amenities."
Below are some similar properties in the area you may be interested in.
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61.1%
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-$10,000
-$10,967
4.0%
2.5%
-13.4%
6.0%
Asking Price
$485,000
Estimated Purchase Price
$460,000
Stamp Duty
$22,670
Transfer Fee
$1,182
Conveyancing
$1,196
Deposit (10%)
$46,000
Reg. Mortgage
$129
LMI Premium
$10,169
Renovation Costs
-
Total Cash/Equity Required
$81,895
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
$1,877
$2,449
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
$11,657
$17,201
Interest Repayments
$27,324
$27,324
Net Cashflow Before Tax
-$15,667
-$10,123
Depreciation
-
-
Tax Offset
-$4,700
-$3,037
Net Cashflow After Tax
-$10,967
-$7,086
Assumptions
Year 1
Year 10
Property Value
6.8%
$480,600
$868,810
Loan Balance
I.O
$414,000
$414,000
$66,600
$454,810
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 - 12.0%
Education and Training - 11.0%
Manufacturing - 9.0%
Others - 49.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price