$570K
$119,197
"Hampton Park A great opportunity has presented itself for you to own a home in the most established estate of Hampton Park. This will surely impress first home buyers, downsizers, and astute investors looking for a doorway into the real estate market. Making superb use of the allotment to deliver a generously sized floorplan, the residence features roomy open concept living and dining awaiting your own personal styling and decor. The house comprises of three bedrooms inside, a master bedroom with a builtin robe and full ensuite, the other two bedrooms contains built in robes serviced by a separate bathroom and an adjacent toilet. The home also has a huge relaxation zone, surrounded by landscaped gardens, it is sure to be the apple of your eye Offering plenty of room for family time, gatherings, and celebrating specials occasions. Enjoying a supremely easy lifestyle, this wonderfully positioned home is only a few minutes away from primary and secondary schools, colleges, and within minutes of Hampton Park Shopping Centre, M1 Freeway Access, Hallam Train Station, Parkland, and many more amenities. Main Features of the Property 3 Generous Bedrooms Ensuite BIR Large Backyard Ducted Heating Split System Yes Downlight Yes Ideal Location Chattels All fittings and fixtures as inspected Deposit terms 10 of the purchase price Preferred Settlement 30456090 days This is sure to sell soon, so do not miss your chance to call this yours For more real estate in Hampton Park contact your No.1 agent Khaled Arabzadeh on 0416 481 327. PHOTO ID REQUIRED AT OPEN HOMES Due diligence checklist httpwww.consumer.vic.gov.auduediligencechecklist. Disclaimer All stated dimensions in the content and photos are approximate only. Note Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters."
Below are some similar properties in the area you may be interested in.
2.6%
75.8%
$653K
3.7%
$10,000
-$16,122
3.5%
2.5%
-12.9%
6.0%
Asking Price
$595,000
Estimated Purchase Price
$670,000
Stamp Duty
$35,270
Transfer Fee
$1,674
Conveyancing
$1,196
Deposit (10%)
$67,000
Reg. Mortgage
$129
LMI Premium
$19,104
Renovation Costs
-
Total Cash/Equity Required
$124,922
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
$1,567
$2,045
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
$16,766
$24,436
Interest Repayments
$39,798
$39,798
Net Cashflow Before Tax
-$23,032
-$15,362
Depreciation
-
-
Tax Offset
-$6,910
-$4,609
Net Cashflow After Tax
-$16,122
-$10,753
Assumptions
Year 1
Year 10
Property Value
6.8%
$726,240
$1,312,869
Loan Balance
I.O
$603,000
$603,000
$123,240
$709,869
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
Retail Trade - 16.0%
Health Care and Social Assistance - 13.0%
Education and Training - 12.0%
Construction - 10.0%
Others - 49.0%
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