$800K
$165,001
"PictureThis Rejuvenated living thats as big on style as it is premium in finish, with the perfect tropical alfresco environment for the most memorable gatherings. Youll love every inch of this reimagined 3bedroom home, producing a breathtaking entertainer just metres from Shaxton Lake. WhatYoullLove The unrivalled entertainers lifestyle amongst the most incredible tropical gardens, where a spa deck invites yearround relaxation by an outdoor kitchen with a mainsplumbed BBQ and wok burner, bifold internal doors and cafe blinds. A beautifully renovated interior flourishes over hardwood floors, with a gas log fireplace and plantation shutters delivering absolute indulgence in the spacious lounge. A lavish kitchen and dining area features stone counters, topquality appliances and a bifold servery window, with three robed bedrooms offering exceptional comfort around a stunning central bathroom. Lifeenhancing finishes include ducted heating, evaporative cooling, a European laundry, a garden shed and a double garage,with fully enclosed and landscaped gardens astounding front and rear. WhereYoullLive In a world of privacy mere metres from Shaxton Lake and Round About Cafe, within an easy walk of Kingsley Park Primary and Robinsons Park, with Peninsula Link, Mount Erin Secondary and Frankston CBD a short drive away."
Below are some similar properties in the area you may be interested in.
2.8%
74.3%
$761K
4.2%
-$95,000
-$26,661
2.5%
1.8%
-15.5%
6.0%
Asking Price
$850,000
Estimated Purchase Price
$915,000
Stamp Duty
$49,970
Transfer Fee
$2,247
Conveyancing
$1,196
Deposit (10%)
$91,500
Reg. Mortgage
$129
LMI Premium
$26,090
Renovation Costs
-
Total Cash/Equity Required
$171,681
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$22,880
$32,565
Property Management
+7.7% PA
$1,762
$2,508
Rates
+3.0% PA
$1,589
$2,073
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
$16,264
$23,724
Interest Repayments
$54,351
$54,351
Net Cashflow Before Tax
-$38,087
-$30,627
Depreciation
-
-
Tax Offset
-$11,426
-$9,188
Net Cashflow After Tax
-$26,661
-$21,439
Assumptions
Year 1
Year 10
Property Value
6.8%
$875,760
$1,583,166
Loan Balance
I.O
$823,500
$823,500
$52,260
$759,666
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewLocation, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
2021 Population
Suburbs
Health Care and Social Assistance - 20.0%
Retail Trade - 13.0%
Construction - 9.0%
Education and Training - 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