Withheld
$115,379
"Hallam Dont miss on this excellent chance to get a sizeable 739m2 allotment in the most sophisticated suburb of south east. This size of land is uncommon and is certain to attract a lot of interest from eager who see its potential to subdivide STCA and investment worth. Currently presented as a 3bedroom, 1 bathroom home with a highly sought after address. Supremely located within walking distance to Hallam Spring Square Shopping Centre, Hallam primary school and Hallam senior college. Easy and close access to the princess highway, Monash freeway, Hallam railway station and much more. Main Features of the Property Land Size 739sqm Approx. 3 Bedrooms 1 Bathroom Living Area Meal Area Double Car Garage Garden Shed Plenty of Natural lights Chattels All fittings and fixtures as inspected. Deposit terms 10 of the purchase price. Preferred Settlement 30456090 days Ideal location of this home gives you access to Hampton Park Shopping Centre Salvos Stores Hampton Park Fountain Gate Shopping Center Endeavour Hills Shopping Center Primary and Secondary Schools Hallam Train Station Call me now for an immediate inspection before it gets snapped up PHOTO ID REQUIRED AT OPEN HOMES Every care has been taken to verify the accuracy of the details in this advertisement, however we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves of any pertinent matters."
-
61.5%
$765K
4.1%
$10,000
-$18,825
3.2%
2.3%
-13.7%
6.0%
Asking Price
-
Estimated Purchase Price
$735,000
Stamp Duty
$39,170
Transfer Fee
$1,826
Conveyancing
$1,196
Deposit (10%)
$73,500
Reg. Mortgage
$129
LMI Premium
$20,958
Renovation Costs
-
Total Cash/Equity Required
$137,328
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
$1,567
$2,045
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
$16,766
$24,436
Interest Repayments
$43,659
$43,659
Net Cashflow Before Tax
-$26,893
-$19,223
Depreciation
-
-
Tax Offset
-$8,068
-$5,767
Net Cashflow After Tax
-$18,825
-$13,456
Assumptions
Year 1
Year 10
Property Value
6.8%
$795,660
$1,438,364
Loan Balance
I.O
$661,500
$661,500
$134,160
$776,864
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2021 Population
Suburbs
Retail Trade - 16.0%
Health Care and Social Assistance - 13.0%
Education and Training - 12.0%
Construction - 10.0%
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