$870K
$179,315
"Welcome to 19 Stuart Street, Bayswater North This charming 3bedroom, 2bathroom brick abode is perfect for families looking for a cozy and comfortable home boasting a stones throw away from Bayswater North primary school. With original hardwood floors and a family friendly floorplan, this light filled favourite has a functional kitchen that is ready for you to put your own touch to it The master bedroom features a fully renovated ensuite for added convenience, while the other two bedrooms are generously sized and share a central renovated bathroom with a stunning free standing bath. With a total of 2 toilets, there will be no more waiting in line during busy mornings Providing all the creature comforts we expect today, this home is complete with Gas Ducted Heating and Evaporative Cooling, Outside, you will find a lowmaintenance backyard with a covered patio area, perfect for enjoying a morning coffee or hosting a summer BBQ. The property also includes a single garage space for secure parking or another retreat or man cave. With a picturesque established garden providing shade and ambience, you will feel relaxed in the gazebo whilst having peace of mind with electric front gates and loads of room to park your caravan, truck, trailer and extra cars, this property is a sure winner. For the savvy investor this home sits on a large 1015m2 block and is zoned GRZ1 with the possibility to add another home at the back STCA Located in the soughtafter suburb of Bayswater North, this property is close to schools, parks, shops, and public transport options with a bus stop practically at your front door. Fabulous Features at a Glance Fantastic Location, Primary School across the road Large 1015m2 Block Rustic Original Hardwood Floors Renovated Bathrooms and Laundry Gas Ducted Heating Evaporative Cooling Established landscaped garden Secure Off street Parking for Cars, Boat, Caravan Large Single Garage or Man Cave Electric Front Gates Outdoor Covered Entertaining Area Dont miss out on the opportunity to make this house your new home Contact Deanna today to arrange a viewing."
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3.9%
81%
$779K
4.1%
-$40,000
-$22,068
3.3%
2.6%
-12.6%
6.0%
Asking Price
$870,000
Estimated Purchase Price
$935,000
Stamp Duty
$51,170
Transfer Fee
$2,294
Conveyancing
$1,196
Deposit (10%)
$93,500
Reg. Mortgage
$129
LMI Premium
$26,660
Renovation Costs
-
Total Cash/Equity Required
$175,498
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+7.7% PA
$2,402
$3,419
Rates
+3.0% PA
$1,520
$1,983
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
$24,013
$34,745
Interest Repayments
$55,539
$55,539
Net Cashflow Before Tax
-$31,526
-$20,794
Depreciation
-
-
Tax Offset
-$9,458
-$6,238
Net Cashflow After Tax
-$22,068
-$14,556
Assumptions
Year 1
Year 10
Property Value
6.8%
$955,860
$1,727,967
Loan Balance
I.O
$841,500
$841,500
$114,360
$886,467
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Retail Trade - 15.0%
Health Care and Social Assistance - 15.0%
Manufacturing - 14.0%
Construction - 9.0%
Others - 47.0%
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