$635K
$99,417
"Just around the corner from the shops and the beach, this stunning 3bedroom family home is situated on a fantastic corner allotment of approximately 639sqm. With its prime location and impressive features, this property offers a comfortable and convenient lifestyle. Step inside to discover a spacious open plan living area, complemented by beautiful polished timber floors that exude warmth and charm. The welldesigned kitchen is a standout feature, boasting a prestigious 900mm stoveoven and a generous butlers pantry, providing ample storage space and making meal preparation a breeze. The home comprises three large bedrooms, two of which are fitted with builtin robes for added convenience. A split system air conditioning unit ensures yearround comfort, while the addition of two toilets further enhances the practicality of this familyfriendly residence. Outside, youll find a powered lockup garage and a large deck area, perfect for entertaining guests or simply enjoying the outdoors. The verandah, which wraps around three sides of the property, adds a touch of traditional charm and provides a welcoming entrance to the home. This property is a true gem, offering a combination of modern comforts and a prime location. Dont miss the opportunity to make this your dream home. Call or email today to arrange your inspection and secure your future in this enviable coastal location. Please note this property is currently tenanted so inspection is by appointment or open for inspection only. Photos were taken prior to tenancy."
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78.8%
-
-
-$95,000
-$18,323
3.1%
2.1%
-14.6%
6.0%
Asking Price
$729,000
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
$2,014
$2,628
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
$13,919
$20,437
Interest Repayments
$40,095
$40,095
Net Cashflow Before Tax
-$26,176
-$19,658
Depreciation
-
-
Tax Offset
-$7,853
-$5,897
Net Cashflow After Tax
-$18,323
-$13,760
Assumptions
Year 1
Year 10
Property Value
6.8%
$619,440
$1,119,800
Loan Balance
I.O
$607,500
$607,500
$11,940
$512,300
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 20.0%
Health Care and Social Assistance - 11.0%
Retail Trade - 9.0%
Manufacturing - 8.0%
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