$630K
$129,694
"Offering a welcoming facade and nestled at the base of a quiet court to offer plenty of privacy, this recently refreshed home offers a desirable property within the heart of Romsey. Well situated across 1057sqm approx. to best provide a tidy lifestyle, this property provides an abundance of opportunity, all within easy access of the Romsey village centre and the wider Macedon Ranges Region. With recently updated flooring and paintwork throughout, the residence provides an ideal base for further enhancements, both aesthetically and structurally. Immediately upon entry, an oversized lounge room greets guests and enjoys sunlit views into the front yard. Floating floorboards lead through the open concept living and dining area, which is overlooked by the updated kitchen precinct. Providing plenty of bench and storage space and stainlesssteel appliances, this is an easy space for meal preparation. With seamless accessibility to the extended alfresco area through sliding doors, this is a home suited to the keen entertainer, looking to make the most of yearround dining and enjoyment. Stepping outside, the yard provides a unique opportunity for a variety of leisure pursuits. Secure and fully fenced, the yard is a safe space for furry friends, with an abundance of rolling turf. Extremely tidy in nature, the yard is peaceful place for both relaxation and entertaining. Providing well considered storage options and generous rear access from the front driveway this truly is the perfect tradie base. Three bedrooms are well spaced throughout the home, for quiet and comfortable living. The two larger bedrooms offer built in wardrobes and all are located within easy reach of the updated and complementing family bathroom and laundry. This much loved family home offers a flexible lifestyle within the heart of the Macedon Ranges, with plenty of opportunity for its next custodians. Additional features include, split system heating and cooling, a large laundry with built in storage and external access, a single car garage and two sheds measuring 3m x 2.8m. Located in the stunning Macedon Ranges, Romsey is just 60km north of Melbournes CBD, half an hour drive to Melbourne Airport and 1015 minutes away from Clarkefield or Riddells Creek Railway Stations. For further information and to arrange an inspection, please contact Helen Milner on 0428 869 002. DISCLAIMER All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent. Please see the below link for an uptodate copy of the Due Diligence Check List httpwww.consumer.vic.gov.auduediligencechecklist."
Below are some similar properties in the area you may be interested in.
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87.4%
$673K
3.7%
$65,000
-$18,203
3.1%
2.1%
-14.5%
6.0%
Asking Price
$630,000
Estimated Purchase Price
$675,000
Stamp Duty
$35,570
Transfer Fee
$1,685
Conveyancing
$1,196
Deposit (10%)
$67,500
Reg. Mortgage
$129
LMI Premium
$19,247
Renovation Costs
-
Total Cash/Equity Required
$125,876
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
$1,843
$2,405
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
$14,090
$20,661
Interest Repayments
$40,095
$40,095
Net Cashflow Before Tax
-$26,005
-$19,434
Depreciation
-
-
Tax Offset
-$7,801
-$5,830
Net Cashflow After Tax
-$18,203
-$13,604
Assumptions
Year 1
Year 10
Property Value
6.8%
$790,320
$1,428,711
Loan Balance
I.O
$607,500
$607,500
$182,820
$821,211
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2021 Population
Suburbs
Health Care and Social Assistance - 12.0%
Retail Trade - 11.0%
Education and Training - 11.0%
Construction - 9.0%
Others - 57.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price