$790K
$147,825
"A family home for a growing family located in an increasingly sought after and tranquil area of Brown Hill, surrounded by a natural bush setting yet is only 10 minutes drive from the heart of town, with easy access to the Western Hwy for commuters. The large allotment of approx. 2978m2 offers an abundance of outdoor living space, and quiet peaceful living. The home has been lovingly kept and presents exceptionally well, with plenty of character of its era yet with exposed timber beams, yet offers all modern conveniences. Featuring four bedrooms, which includes the master with walk in robe, plus renovated ensuite bathroom. Three further bedrooms suit a family and include built in robes. Living areas consist of a large formal lounge room with a gas heater, split system air conditioner, and access via sliding doors to the outside deck. The kitchen boasts updated appliances including a gas cook top, electric oven, dishwasher and plenty of cupboard and bench space and outlook to the garden. Theres also an adjoining meals areafamily room complete with wood combustion heater, and also accesses the outside deck which is undercover and is the year round entertaining space with the caf blinds and a scenic outlook. Other features include gas ducted heating, neat family bathroom and a large laundry. Outside is an additional studio, perfect for hobbies crafts, a home office, or as a rumpusgames room for the kids. The large allotment offers pretty established gardens and lawn to enjoy and of course a wonderful outlook. Theres plenty of parking space for vehicles outside, including a single carport and a great 12m x 6m shed with wood heater, so perfect for vehicles or workshop space. Loaded with character and potential to further improve, the home offers great lifestyle for those wanting that bigger block, yet is close to the CBD. Call Chris to arrange your inspection."
Below are some similar properties in the area you may be interested in.
-
91.7%
$1.87M
1.2%
-$330,000
-$22,992
2.8%
2.0%
-14.8%
6.0%
Asking Price
$830,000
Estimated Purchase Price
$830,000
Stamp Duty
$44,870
Transfer Fee
$2,048
Conveyancing
$1,196
Deposit (10%)
$83,000
Reg. Mortgage
$129
LMI Premium
$23,666
Renovation Costs
-
Total Cash/Equity Required
$155,459
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
$1,877
$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
$16,456
$24,032
Interest Repayments
$49,302
$49,302
Net Cashflow Before Tax
-$32,846
-$25,270
Depreciation
-
-
Tax Offset
-$9,854
-$7,581
Net Cashflow After Tax
-$22,992
-$17,689
Assumptions
Year 1
Year 10
Property Value
6.8%
$534,000
$965,345
Loan Balance
I.O
$747,000
$747,000
-$213,000
$218,345
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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 Days of Supply
Sold Price
Asking Price