$790K
$163,093
"With its sizeable floorplan, substantial backyard and secure parkingworkshop space, this home on approximately 896sqm is superbly suited to a family. In the Canterbury Gardens Estate, it is located within walking distance to bus stops, two kindergartens, Bayswater North Primary School, parks, Arrabri Community House, Dandenong Creek Trail and Canterbury Gardens Shopping Centre. It is also close to secondary colleges, gyms, play centres, several major shopping centres, including Westfield Knox and Eastland, plus the magnificent Mount Dandenong Ranges Resting at the bowl of the court, the home beckons with its timeless brick facade and lush gardens Timber floorboards adorn most of the home, beginning with its entrance A lightfilled lounge is the first room youll discover and offers a seamless flowthrough to a family meals area The central kitchen is fully equipped for easy meal preparation, containing 900mm stainless steel cooking appliances, a dishwasher and ample storage Comfortable accommodation is supplied courtesy of three bedrooms with builtin wardrobes The front master suite has en suiteeffect access to a stylishly renovated family bathroom A second communal bathroom is found off the rear laundry Outside, a covered barbeque area provides the ideal space for yearround entertaining The backyard beyond is an expansive haven for children and pets to play Further great features that complement this home include ducted heating, two split system air conditioners, plentiful storage and a gated carport with rollthrough driveway access to a double garage"
Below are some similar properties in the area you may be interested in.
3.9%
81%
$779K
4.1%
-$850,000
-$22,734
2.9%
2.1%
-14.3%
-
Asking Price
$790,000
Estimated Purchase Price
$850,000
Stamp Duty
$46,070
Transfer Fee
$2,095
Conveyancing
$1,196
Deposit (10%)
$85,000
Reg. Mortgage
$129
LMI Premium
$24,237
Renovation Costs
-
Total Cash/Equity Required
$159,276
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$24,700
$35,156
Property Management
+7.7% PA
$1,902
$2,707
Rates
+3.0% PA
$1,520
$1,983
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
$18,013
$26,205
Interest Repayments
$50,490
$50,490
Net Cashflow Before Tax
-$32,477
-$24,285
Depreciation
-
-
Tax Offset
-$9,743
-$7,285
Net Cashflow After Tax
-$22,734
-$16,999
Assumptions
Year 1
Year 10
Property Value
6.8%
-
-
Loan Balance
I.O
$765,000
$765,000
-$765,000
-$765,000
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Retail Trade - 15.0%
Health Care and Social Assistance - 15.0%
Manufacturing - 14.0%
Construction - 9.0%
Others - 47.0%
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