$1.2M
$228,337
"A few steps from Rosanna Primary School and Davies Street Cafe, celebrate family living in this stylishly updated home, showcasing an excellent floorplan that delivers instant appeal. Warm northerly light drenches the generous living and dining room, featuring an open fire, quality timber floors and soft neutral tones. Alongside, the modern kitchen boasts a new induction cooktop, wall oven, dishwasher, and clever storage space. Nestled together for ease, discover three radiant bedrooms two with builtin robes, and a central family bathroom with a separate toilet and fullsize laundry. Step outside to a wellmaintained backyard, highlighted by a fulllength verandah, and a covered alfresco zone for yearround enjoyment. Additional features include ducted heating, security doors, plantation shutters, a secure front yard with a fishpond, an oversized carport and plenty of offstreet parking. In a fabulous location an easy walk from Rosanna Parklands, bus and train services, Rosanna Village, and a short distance from Ivanhoe Grammar, La Trobe College zoned, Northland Shopping Centre, AustinMercy Hospitals, Burgundy Street shops and cafes, and Warringal Shopping Centre. Land size 571sqm approx."
Below are some similar properties in the area you may be interested in.
-
86.6%
$1.46M
2.7%
$220,000
-$33,329
2.6%
2.0%
-14.6%
6.0%
Asking Price
$1,200,000
Estimated Purchase Price
$1,200,000
Stamp Duty
$66,000
Transfer Fee
$2,914
Conveyancing
$1,196
Deposit (10%)
$120,000
Reg. Mortgage
$129
LMI Premium
$37,548
Renovation Costs
-
Total Cash/Equity Required
$228,337
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
$1,866
$2,435
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
$23,667
$34,293
Interest Repayments
$71,280
$71,280
Net Cashflow Before Tax
-$47,613
-$36,987
Depreciation
-
-
Tax Offset
-$14,284
-$11,096
Net Cashflow After Tax
-$33,329
-$25,891
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,516,560
$2,741,580
Loan Balance
I.O
$1,080,000
$1,080,000
$436,560
$1,661,580
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 - 31.0%
Education and Training - 11.0%
Retail Trade - 10.0%
Construction - 7.0%
Others - 41.0%
Average Income
Average Population
projected
for 2024 to 2026
Average Days of Supply