$670K
$112,517
"Professionals Caroline Springs proudly presents 11 CADDICK GARDENS, CAROLINE SPRINGS for sale. Here is your opportunity to secure a home in one of Melbournes fastest growing suburbs perfect for families, investors, or those looking to get into the real estate market in a great area. Set on a 425m block in a quiet court locale, this spacious and creatively designed home offers the perfect blend of comfort, style, and convenience. Nestled in a wellestablished familyfriendly neighbourhood, the property is conveniently close to modern amenities including schools, shopping, public transport, restaurants, sports clubs and walking trails. This charming home features four generous bedrooms with builtin robes, including a master suite with ensuite, along with a bright central bathroom that provides ample space for all. Enjoy yearround entertaining in the stunning outdoor area, complemented by lowmaintenance yards, making this home a true retreat. Additional features include ducted heating and cooling, alarm system, security doors, double remote garage, separate laundry, and much much more. Dont miss the opportunity to make this inviting home yours, where every detail has been carefully crafted for a lifestyle of comfort and enjoyment. Contact our team today at 8322 0888 to register your interest and arrange an inspection. Note Every care has been taken to verify the accuracy of the details in this advertisement. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves of any pertinent matters as it does not constitute any representation by the vendor or agentagency. Due Diligence Checklist httpwww.consumer.vic.gov.auduediligencechecklist"
Below are some similar properties in the area you may be interested in.
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72.5%
$760K
3.8%
$100,000
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3.4%
2.4%
-13.4%
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Asking Price
$695,000
Estimated Purchase Price
$645,000
Stamp Duty
$33,770
Transfer Fee
$1,615
Conveyancing
$1,196
Deposit (10%)
$64,500
Reg. Mortgage
$129
LMI Premium
$18,391
Renovation Costs
-
Total Cash/Equity Required
$120,151
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
$38,313
$38,313
Net Cashflow Before Tax
-$23,004
-$15,948
Depreciation
-
-
Tax Offset
-$6,901
-$4,784
Net Cashflow After Tax
-$16,103
-$11,164
Assumptions
Year 1
Year 10
Property Value
6.8%
$795,660
$1,438,364
Loan Balance
I.O
$580,500
$580,500
$215,160
$857,864
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