$695K
$145,916
"Are you looking for more space for the family Within a delightful 1 acre of low maintenance house gardens and orchard, but also with the ability to enjoy agistment or a hobby farm, or just continue to watch native vegetation slowly taking over paddocks, then 15 Twamley Road might be the perfect property for you Set on nearly 6 acres enjoying a shared dam, this family home provides both in town and out of town living. Located in a quiet and central spot in Glenrowan, close to the iconic Glenrowan Hotel, the Hume Freeway, and a short 15minute drive to the Wangaratta CBD or 20 minutes to Benalla. This property is a rare opportunity for those wanting a small acreage property with the convenience of being so close to town. Features of the home include Open plan kitchen, dining and living area with ceiling fan and wood combustion heater. Kitchen recently upgraded, with electric cooking, dishwasher, and builtin pantry. Lightfilled sunroom with ceiling fan perfect working from home space. Four bedrooms with ceiling fans, three with builtin robes. Bathroom with shower and lightfilled bath overlooking the back gardens. Separate toilet with hand basin. Spacious laundry with access to the attic space which is great for storage or could be used as another functioning room. Throughout the house there is ducted evaporative cooling and ducted heat transfer vents from the wood combustion heater. Front and back verandahs. Enclosed double carport with electric roller door with storage racks. Secure backyard with established gardens. Above ground swimming pool with deck and shade sail. Established fruit trees. 7.2kw solar power system. Two water tanks totaling 70,000 Lt approx. Large shed with power, concrete flooring, builtin work benches, and mezzanine floor. One tall open bay perfect for storing the caravan. Reticulated irrigation system that draws water from a communal dam. 2.28 hectares 5.63 acres approx."
Below are some similar properties in the area you may be interested in.
-
91%
$950K
3.1%
$60,000
-$23,942
2.5%
1.7%
-15.7%
6.0%
Asking Price
$725,000
Estimated Purchase Price
$815,000
Stamp Duty
$43,970
Transfer Fee
$2,013
Conveyancing
$1,196
Deposit (10%)
$81,500
Reg. Mortgage
$129
LMI Premium
$23,239
Renovation Costs
-
Total Cash/Equity Required
$152,596
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$20,800
$29,605
Property Management
+7.7% PA
$1,602
$2,280
Rates
+3.0% PA
$1,725
$2,251
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
$14,208
$20,814
Interest Repayments
$48,411
$48,411
Net Cashflow Before Tax
-$34,203
-$27,597
Depreciation
-
-
Tax Offset
-$10,261
-$8,279
Net Cashflow After Tax
-$23,942
-$19,318
Assumptions
Year 1
Year 10
Property Value
6.8%
$934,500
$1,689,354
Loan Balance
I.O
$733,500
$733,500
$201,000
$955,854
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2021 Population
Suburbs
Health Care and Social Assistance - 19.0%
Retail Trade - 11.0%
Manufacturing - 10.0%
Education and Training - 8.0%
Others - 52.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price