$480K
$74,517
"This solid family home is a only a few minutes walk to the Rosedale primary school and everything our wonderful town has to offer. The home is well maintained and has so much to offer including Open plan kitchen dining. The kitchen has lots of cupboard storage and gas cooking. Five split systems to keep the entire home comfortable all year round Light bright living areas Generous sized master bedroom with ensuite Bathroom with separate bath shower Living room with timber boards Main bedroom has a walkin robe ceiling fan Outside there is also lots to see Fully enclosed rear yard Large double car port with adjoining shed with plenty of room to Garden shed with plenty of room to build an additional big shed if needed STCA. Situated on a large corner block facing onto a quiet established court and surrounded by lovely home this is a perfect home for a first home, a young family or a retired couple downsizing. Rosedale has become increasingly popular due to our wonderful parks, cafes and community feel, yet still only 25minute drive either side to Traralgon and Sale for everything you need for work, schools, hospitals and shopping. Viewing is a must for this lovely property so please call Russell on 0499 150 313."
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Asking Price
$480,000
Estimated Purchase Price
$445,000
Stamp Duty
$21,770
Transfer Fee
$1,147
Conveyancing
$1,196
Deposit (10%)
$44,500
Reg. Mortgage
$129
LMI Premium
$9,837
Renovation Costs
-
Total Cash/Equity Required
$79,129
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$18,200
$25,904
Property Management
+7.7% PA
$1,401
$1,995
Rates
+3.0% PA
$1,695
$2,212
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
$11,839
$17,438
Interest Repayments
$26,433
$26,433
Net Cashflow Before Tax
-$14,594
-$8,995
Depreciation
-
-
Tax Offset
-$4,378
-$2,699
Net Cashflow After Tax
-$10,216
-$6,297
Assumptions
Year 1
Year 10
Property Value
6.8%
$427,200
$772,276
Loan Balance
I.O
$400,500
$400,500
$26,700
$371,776
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 14.0%
Health Care and Social Assistance - 12.0%
Retail Trade - 10.0%
Construction - 10.0%
Others - 54.0%
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