$1.05M
$200,844
"A mix of cleared, light and heavily treed spaces across 25 rolling acres approx., combined with stunning city views and St Andrews township just minutes away on a made road. This property also comes with an unexpected bonus for those with vision and an eye for value. An expansive quality home constructed near completion and waiting for a new owner, willing to mix inspiration and perspiration to take it to its full potential Spread across two substantial levels, the current layout features timber floors to the four bedroom, three expansive living areas and meals overlooked by a kitchen already offering stone finishes above quality cabinetry and a sleek glass splashback all the internal works near completion with the laundry, bathrooms and ensuites ready for fit out, and the firstfloor deck is finished so you can be inspired by the city views and the visiting bird and wildlife. With the foundations already set for a Machinery Shed Workshop, you just need to complete the dream. Astute buyers will see the value in saving on construction costs, starting with a quality built base and investing in what luxuries matter most to them, tailored to suit their lifestyle. Plans and Permits Current and ready to complete to Final Inspection. Vendors Motivated to Sell. PHOTO ID REQUIRED AT OPEN FOR INSPECTION"
-
79.2%
-
-
-$20,000
-$24,717
3.4%
2.6%
-12.4%
6.0%
Asking Price
$1,050,000
Estimated Purchase Price
$1,065,000
Stamp Duty
$58,575
Transfer Fee
$2,598
Conveyancing
$1,196
Deposit (10%)
$106,500
Reg. Mortgage
$129
LMI Premium
$30,367
Renovation Costs
-
Total Cash/Equity Required
$199,914
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$36,400
$51,809
Property Management
+7.7% PA
$2,803
$3,989
Rates
+3.0% PA
$2,381
$3,107
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
$27,951
$40,453
Interest Repayments
$63,261
$63,261
Net Cashflow Before Tax
-$35,310
-$22,808
Depreciation
-
-
Tax Offset
-$10,593
-$6,843
Net Cashflow After Tax
-$24,717
-$15,966
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,116,060
$2,017,571
Loan Balance
I.O
$958,500
$958,500
$157,560
$1,059,071
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
Education and Training - 14.0%
Construction - 13.0%
Health Care and Social Assistance - 11.0%
Retail Trade - 10.0%
Others - 52.0%
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
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