$1.59M
$310,075
"Located in the soughtafter suburb of Ascot Vale, this property is opposite a large, waterfront park and enjoys easy access to local schools, cafes, a golf course and shopping precincts. Its a lovely nineminute stroll to enjoy a day at Flemington Racecourse. Commuting is effortless. With a bus stop across the road, you can be at Ascot Vale or Footscray station in 10 minutes and at your CBD office in less than half an hour. This stunning 34 bedroom, 3bathroom home boasts a spacious layout and luxurious features and is perfect for those seeking a comfortable and stylish lifestyle. This magnificent home is in the coveted, corner position at the highest end of beautiful, tightlyheld Kingston Avenue. You will enjoy uninterrupted views of the river from your toplevel living area and its large balcony and outdoor dining space. As you enter, the foyer leads to the expansive ground floor living area, providing ample space for relaxation and entertainment. The modern kitchen is a chefs dream, equipped with highend appliances, sleek countertops, and plenty of storage space. The bedrooms are generously sized, offering comfort and privacy for the whole family. The master suite is a true retreat, featuring an ensuite with a luxurious bathtub and a separate shower. With a total of three bathrooms, mornings will be a breeze for everyone. This property also offers the convenience of a 3car garage, studiohome office or workshop, ensuring plenty of space for your vehicles and additional storage. The backyard is a private oasis, perfect for outdoor gatherings or simply enjoying some peace and tranquillity while tanning by the pool. Dont miss out on the opportunity to make this stunning property your own. This is an investment that combines luxury, comfort and convenience. Contact us today to arrange a private inspection and secure your dream home at 2 Kingston Ave, Ascot Vale."
Below are some similar properties in the area you may be interested in.
3%
51.3%
$1.57M
2.4%
-$1,990,000
-$67,827
1.4%
1.1%
-18.0%
-
Asking Price
$1,850,000
Estimated Purchase Price
$1,990,000
Stamp Duty
$109,450
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$199,000
Reg. Mortgage
$129
LMI Premium
$62,268
Renovation Costs
-
Total Cash/Equity Required
$376,208
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
Rates
+3.0% PA
$1,823
$2,379
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
$21,310
$30,934
Interest Repayments
$118,206
$118,206
Net Cashflow Before Tax
-$96,896
-$87,272
Depreciation
-
-
Tax Offset
-$29,069
-$26,182
Net Cashflow After Tax
-$67,827
-$61,091
Assumptions
Year 1
Year 10
Property Value
6.8%
-
-
Loan Balance
I.O
$1,791,000
$1,791,000
-$1,791,000
-$1,791,000
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 - 16.0%
Education and Training - 11.0%
Health Care and Social Assistance - 11.0%
Accommodation and Food Services - 8.0%
Others - 54.0%
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