$545K
$103,928
"Set on an elevated allotment of approximately 655m2 in the tightly held suburb of Invermay Park, is this solid brick veneer home with so much to offer. Nestled in a convenient location just minutes away from the Northway Shopping Center, local schools, and a short drive to the CBD, this updated three bedroom residence offers a perfect blend of comfort, style, and functionality. As you step inside, youll immediately appreciate the warm and inviting atmosphere of this home. The heart of the home is the spacious kitchen, designed to be the focal point for family gatherings and entertaining. Boasting ample storage space, the kitchen features a 900mm gas cooktop, electric oven, and dishwasher, making meal preparation a breeze. The adjoining dining and sitting area create a seamless flow, perfect for both casual meals and formal dinners. The master bedroom is complete with an ensuite and walkin robe, offering privacy and convenience. The remaining two bedrooms come with builtin robes, providing plenty of storage for the whole family. A large central bathroom with a separate toilet caters to the needs of busy households. The spacious main lounge room is bathed in natural light, creating a bright and airy ambiance for relaxation and entertainment. Additionally, a study nook offers the perfect space for remote work or study sessions. For yearround comfort, the home is centrally heated, ensuring warmth during the cooler months, while a split system provides cooling during summer. Outside, youll find an undercover alfresco area, ideal for outdoor dining and entertaining, overlooking the expansive yard space where kids and furry friends can play freely. Practicality meets convenience with a twocar lockup garage, complete with a workshop area and a garden shed, catering to all the familys storage needs. Dont miss the opportunity to make this wonderful property your new home. Schedule a viewing today and experience the perfect blend of modern living and convenience in a soughtafter location Three bedrooms, master with ensuite walk in robe Spacious living zones, bathed in natural light Centrally heated, plus a split system Kitchen features 900mm cooking ample storage Expansive yard, plus workshop garden shed Just minutes to local schools, shops transport options"
Below are some similar properties in the area you may be interested in.
-
88.4%
$538K
4.3%
-$135,000
-$14,117
3.5%
2.3%
-13.6%
6.0%
Asking Price
$545,000
Estimated Purchase Price
$560,000
Stamp Duty
$28,670
Transfer Fee
$1,416
Conveyancing
$1,196
Deposit (10%)
$56,000
Reg. Mortgage
$129
LMI Premium
$15,968
Renovation Costs
-
Total Cash/Equity Required
$103,928
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$19,760
$28,125
Property Management
+7.7% PA
$1,522
$2,166
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
$13,096
$19,250
Interest Repayments
$33,264
$33,264
Net Cashflow Before Tax
-$20,168
-$14,014
Depreciation
-
-
Tax Offset
-$6,050
-$4,204
Net Cashflow After Tax
-$14,117
-$9,810
Assumptions
Year 1
Year 10
Property Value
6.8%
$453,900
$820,543
Loan Balance
I.O
$504,000
$504,000
-$50,100
$316,543
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 Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price