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$950K
$200,844
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Try Picki for FREEConfidence
High
High
$1,070,000
Medium
$1,000,000
Low
$930,000
Confidence
Medium
Positioned within walking distance of Romsey town center, this property boasts a blend of classic federation charm and modern enhancements. It features a meticulously maintained residence on a 1070sqm lot with high ceilings, period accents, and formal gardens perfect for entertainment. The elevated kitchen with granite bench space and custom cabinetry overlooks the open-plan living area. With four bedrooms, including a master with ensuite and walk-in wardrobe, a formal lounge, study, and a family bathroom, it offers plenty of accommodation. Outdoor amenities include a heated inground pool, pool house, pizza oven, and tranquil verandah framed by evergreens. Further features are ducted heating, split system cooling, and various outdoor utilities. Located in Macedon Ranges, Romsey is 60km from Melbourne's CBD, ensuring a serene living experience away from city bustle.
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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
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2024 to 2026
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Try Picki for FREEMonthly % Change in Median House Prices (Prev. Quarter)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
Below are some similar properties in the area you may be interested in.
0%
85.1%
$710K
4.1%
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Try Picki for FREE-$130,000
-$28,723
3.0%
Asking Price
$1,050,000
Estimated Purchase Price
$1,130,000
Stamp Duty
$62,150
Transfer Fee
$2,750
Conveyancing
$1,196
Deposit (10%)
$113,000
Reg. Mortgage
$129
LMI Premium
$35,358
Renovation Costs
-
Total Cash/Equity Required
$215,133
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,800
$48,108
Property Management
+7.7% PA
$2,603
$3,704
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
$26,089
$37,739
Interest Repayments
$67,122
$67,122
Net Cashflow Before Tax
-$41,033
-$29,383
Depreciation
-
-
Tax Offset
-$12,310
-$8,815
Net Cashflow After Tax
-$28,723
-$20,568
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,068,000
$1,930,690
Loan Balance
I.O
$1,017,000
$1,017,000
$51,000
$913,690
