$850K
$166,910
"NEW BUILD With a warm contemporary style palette and a wealth of practical features inside, this modern home offers magnificent living. Outside, design the gardens to suit your lifestyle while living in prime position near Bayswater Station, Mountain High Shopping Centre, Marie Wallace Bayswater Park, Boronia West Primary School, and Bayswater Secondary College. Choose to enter via the striking portico or double garage that leads directly into the open plan living zone. Comprising the family room, meals area, and kitchen with stone benchtops, gas cooktop, and abundant storage all awash with natural light, this space will inspire entertaining. Enhanced by a second living area featuring the modern flooring that flows throughout, there is plenty of space here for growing families. On the upper level, 3 lovely bedrooms await. The main bedroom boasts a walkin robe and luxurious dual sink ensuite. The beautiful bathroom with soaking tub and floating vanity services the family bedrooms with builtin robes and quality carpet. Split system heatingcooling keeps these rooms temperate yearround. If you seek complete comfort and a convenient location near endless amenities, this property is the one youve been waiting for. Primed to impress, prompt inspection is advised. Plan your viewing today.."
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70.8%
$835K
3%
-$145,000
-$26,695
2.5%
1.8%
-15.4%
6.0%
Asking Price
$850,000
Estimated Purchase Price
$925,000
Stamp Duty
$50,570
Transfer Fee
$2,270
Conveyancing
$1,196
Deposit (10%)
$92,500
Reg. Mortgage
$129
LMI Premium
$26,375
Renovation Costs
-
Total Cash/Equity Required
$173,590
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
$1,524
$1,988
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
$16,809
$24,492
Interest Repayments
$54,945
$54,945
Net Cashflow Before Tax
-$38,136
-$30,453
Depreciation
-
-
Tax Offset
-$11,441
-$9,136
Net Cashflow After Tax
-$26,695
-$21,317
Assumptions
Year 1
Year 10
Property Value
6.8%
$833,040
$1,505,938
Loan Balance
I.O
$832,500
$832,500
$540
$673,438
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
Manufacturing - 16.0%
Retail Trade - 12.0%
Health Care and Social Assistance - 12.0%
Wholesale Trade - 9.0%
Others - 51.0%
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