$545K
$111,562
"Positioned in a quiet neighborhood is this large, four bedroom home on an allotment of around 716m2 approx. Built with quality by the original owners and being well maintained over the years, this home offers unique features such as high ceilings and large open spaces. Located near schools, shopping, parks and public transport you will have everything you need at your fingertips. Inside the home you will find four well sized bedrooms with built in robes, while the master is complete with a walk in robe and ensuite containing a spa bath. The kitchen is a good size and opens to the dining area, while the main living area offers a large space with impressive, high cathedral ceilings. There is another living space which could be modified to use as a separate self contained living area or study. The family bathroom has a separate bath and shower and there is also a full laundry. Other features include central heating, a split system and wall heater ensuring all year round comfort. Outside there is a big undercover deck area, perfect for entertaining guests while the kids and family pet play in the sun soaked rear yard. There is off street parking along the side of the house as well as a single garage and shed. This property has so much to offer and is in great condition. All that is left is to move in and start enjoying. Call the exclusive listing agent now for more information and arrange a time to experience the property for yourself. Mitchell Burgess 0458 019 897"
3.1%
73.2%
-
-
-$110,000
-$14,485
3.6%
2.4%
-13.3%
6.0%
Asking Price
$545,000
Estimated Purchase Price
$585,000
Stamp Duty
$30,170
Transfer Fee
$1,475
Conveyancing
$1,196
Deposit (10%)
$58,500
Reg. Mortgage
$129
LMI Premium
$16,681
Renovation Costs
-
Total Cash/Equity Required
$108,700
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
$1,877
$2,449
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
$14,056
$20,616
Interest Repayments
$34,749
$34,749
Net Cashflow Before Tax
-$20,693
-$14,133
Depreciation
-
-
Tax Offset
-$6,208
-$4,240
Net Cashflow After Tax
-$14,485
-$9,893
Assumptions
Year 1
Year 10
Property Value
6.8%
$507,300
$917,078
Loan Balance
I.O
$526,500
$526,500
-$19,200
$390,578
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2021 Population
Suburbs
Health Care and Social Assistance - 19.0%
Retail Trade - 12.0%
Education and Training - 11.0%
Manufacturing - 9.0%
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