$699K
$140,190
"This is one of Stawells classic period homes. Built circa 1870 by Francis Layzell, this solid brick home has a central hallway with polished timber floors. The separate formal living room is a feature with a bright bay window, gas log fire and split system cooling. There are a total of four bedrooms with builtin robes in the spacious main bedroom. The updated kitchen has American Oak timber cupboards, gas bench hotplates, electric wall oven, dishwasher and double sink. The kitchen adjoins the large open family room with gas heating, split system cooling, plantation shutters and also a handy study nook with lead light window. There is also direct access to the timber deckoutdoor living area. The bathroom has a corner spa, toilet and separate shower recess, and there is a well appointed laundry with access to a second toilet. This lovely home is situated on a generous 1,294m2 approx. L shaped allotment providing frontages to both Seaby Street and Darcy Street. The property features established gardens and extensive shedding including a 12m x 7m colorbond shed, with concrete floor and power, double carport with remote control rolladoor and a garden shed. There is also a 3KW solar power system to complete the package."
Below are some similar properties in the area you may be interested in.
6.1%
75.6%
$420K
4.1%
-$60,000
-$19,062
3.2%
2.3%
-13.8%
6.0%
Asking Price
$699,000
Estimated Purchase Price
$740,000
Stamp Duty
$39,470
Transfer Fee
$1,837
Conveyancing
$1,196
Deposit (10%)
$74,000
Reg. Mortgage
$129
LMI Premium
$21,100
Renovation Costs
-
Total Cash/Equity Required
$138,282
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
$1,608
$2,098
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
$16,725
$24,383
Interest Repayments
$43,956
$43,956
Net Cashflow Before Tax
-$27,231
-$19,573
Depreciation
-
-
Tax Offset
-$8,169
-$5,872
Net Cashflow After Tax
-$19,062
-$13,701
Assumptions
Year 1
Year 10
Property Value
6.8%
$726,240
$1,312,869
Loan Balance
I.O
$666,000
$666,000
$60,240
$646,869
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 - 17.0%
Agriculture, Forestry and Fishing - 13.0%
Manufacturing - 12.0%
Retail Trade - 10.0%
Others - 48.0%
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