$1.05M
$207,349
"As picturesque as it is practical, this beautiful property is the perfect place to make yourself at home. Impeccably presented and poised upon an idyllic quarteracre garden with Ferny Creek trickling past the patio and lawn area, this home feels like a family retreat while, in fact, only moments from Tecoma township. The wide street frontage with dual drives, single carport, and paved pathways evokes a warm and inviting feel. From the covered verandah, step into the sunlit corridor that introduces the rich timber flooring that flows throughout. The front of the home is adorned with 4 lightfilled bedrooms with builtin robes including the main bedroom with luxurious new ensuite featuring a floating vanity and rain shower. The family bathroom is equally impressive with its deep soaking tub. At the rear of the residence, the open plan kitchen with Westinghouse and Smeg appliances and picture window views of the garden and covered deck takes centre stage. The adjoining splitlevel living area boasts bespoke timber shelving for a cosy, relaxed ambiance. Furthermore, there is a lovely study with separate entry that ensures there is a designated workfrom home space. With a long list of supplementary features including abundant storage, gas ducted heating, and evaporative cooling, this exceptional home promises to offer optimal comfort. Impressive inside and out, this home is a mustsee for discerning buyers. Join us for a tour today. Idyllic location between Tecoma township and Sherbrooke Forest Beautiful garden framed by Ferny Creek Stylish open plan kitchen with highend appliances Relaxing splitlevel living area with bespoke timber shelving 4 generous bedrooms plus study including the main bedroom with modern ensuite. Rain water tank connects to laundry garden tap Please note All information provided has been obtained from sources believed to be accurate, however, we cannot guarantee the information is accurate. Interested parties should make their own enquiries obtain their own legal advice. We accept no liability for any errors or omissions including but not limited to a propertys land size, floor plans, size, building age or condition."
Below are some similar properties in the area you may be interested in.
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82.9%
$769K
3.8%
-$260,000
-$36,111
2.0%
1.4%
-16.6%
6.0%
Asking Price
$1,100,000
Estimated Purchase Price
$1,145,000
Stamp Duty
$62,975
Transfer Fee
$2,785
Conveyancing
$1,196
Deposit (10%)
$114,500
Reg. Mortgage
$129
LMI Premium
$35,828
Renovation Costs
-
Total Cash/Equity Required
$217,962
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
Rates
+3.0% PA
$1,907
$2,488
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
$16,426
$23,993
Interest Repayments
$68,013
$68,013
Net Cashflow Before Tax
-$51,587
-$44,020
Depreciation
-
-
Tax Offset
-$15,476
-$13,206
Net Cashflow After Tax
-$36,111
-$30,814
Assumptions
Year 1
Year 10
Property Value
6.8%
$945,180
$1,708,661
Loan Balance
I.O
$1,030,500
$1,030,500
-$85,320
$678,161
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Retail Trade - 12.0%
Education and Training - 12.0%
Manufacturing - 10.0%
Health Care and Social Assistance - 10.0%
Others - 56.0%
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