$695K
$129,694
"This homesweethome is an absolute pleasure to inspect. The combination of lightfilled spaces, clever updates, playful aesthetics and a private, lowmaintenance, secure yard will captivate young families, retirees and investors alike Worth an early mention, this friendly pocket of Kyneton is ever popular for its proximity to the education precinct, with sporting facilities and the town centre just a short stroll away. Its also conveniently located near medical facilities. Occupying a fabulous corner position on Frances Close and Wheatley Street, this home benefits from the court setting and the proximity to the secret passageway on Wheatley delivering kids directly to the childrens crossing and both primary schools. Step into the openplan kitchen, dining, and living area. Corner windows flood this space with natural light. The kitchen has been updated with new cabinetry, an induction cooktop and a glass splash back, inviting garden views in and allowing parents to keep a watchful eye on the kids in the yard. An elevated, decked undercover area by the dining space almost doubles your entertaining area. There are 3 bedrooms, with the master being extra generous and featuring a wall of robes and plantation shutters. The other 2 bedrooms also have robes and are serviced by the stylish bathroom, where the olivegreen colour scheme, grey tiles and gold furnishings are a winning combination. Note the extrawide stepless shower. Handy to note, there is a second toilet by the laundry. Split system heating and cooling to main living area and ducted heating, ensure the is home comfortable during all seasons and plentiful storage options have been cleverly incorporated with the homes update. Outside, enjoy the low maintenance established setting. There is a fire pit area for gatherings with friends, raised veggie beds to harvest from and a lawn space for kids and pets. The double garage with mezzanine storage boasts access to the home and to the yard through glass sliding doors, doubling as a fabulous spot for birthday parties This home has all the ingredients for happy Kyneton living comfort, convenience and character in spades. We have obtained all information in this document from sources we believe to be reliable, however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations."
Below are some similar properties in the area you may be interested in.
-
84%
$900K
3.1%
$255,000
-$13,995
4.1%
3.1%
-10.8%
6.0%
Asking Price
$695,000
Estimated Purchase Price
$695,000
Stamp Duty
$36,770
Transfer Fee
$1,732
Conveyancing
$1,196
Deposit (10%)
$69,500
Reg. Mortgage
$129
LMI Premium
$19,817
Renovation Costs
-
Total Cash/Equity Required
$129,694
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
$1,843
$2,405
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
$21,290
$30,908
Interest Repayments
$41,283
$41,283
Net Cashflow Before Tax
-$19,993
-$10,375
Depreciation
-
-
Tax Offset
-$5,998
-$3,113
Net Cashflow After Tax
-$13,995
-$7,263
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,014,600
$1,834,155
Loan Balance
I.O
$625,500
$625,500
$389,100
$1,208,655
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
Health Care and Social Assistance - 12.0%
Retail Trade - 11.0%
Education and Training - 11.0%
Construction - 9.0%
Others - 57.0%
Average Income
Average Population
projected
for 2024 to 2026
Average Days of Supply