$785K
$141,145
"This fantastically located and classically appealing brick abode features quality interiors with the proportions of a sublime first or family home. Built and owned by the same family and offered for sale for the first time in approx 52 years. A true oasis, set on a perfectly flat block of 875m2 approx. with neat street appeal, you are welcomed by manicured lawns and a lush garden setting. Boasting a surprisingly expansive layout accentuated by plenty of natural light, boasting multiple living areas. The kitchen features plenty of bench and preparation space, electric cooktop, oven and dishwasher. The home is completed with three bedrooms, the main bedroom benefiting from a walkin robe and ensuite whilst the further two robed bedrooms are serviced by the family bathroom with shower and bathtub, separate toilet, plus a dedicated laundry. Easy connectivity is provided from the kitchen and casual living areas to the substantial undercover entertaining zone for dining alfresco or entertaining a crowd whilst the rear gardens will also be sure to delight children and adults alike with plenty of room to play, with lovely areas to sit and relax outdoors. Residing just moments from the convenience Coldstreams shops, sporting oval, public transport or the amenities of Lilydales bustling shopping village, Lilydale Lake, train station, Warburton Trail, recreational facilities along with quality primary and secondary schooling options. Nestled in a quiet, familyfriendly neighborhood this home presents many attractive options for its next owners and offers extras such as gas ducted heating, evaporative cooling, sauna, 4 car lock up garage and 18 solar panels. A gorgeous gem perfect for first homebuyers, tradies, investors and families looking for their dream home location, call to enquire today"
Below are some similar properties in the area you may be interested in.
-
79.2%
-
-
-$20,000
-$19,687
3.1%
2.2%
-14.0%
6.0%
Asking Price
$772,500
Estimated Purchase Price
$750,000
Stamp Duty
$40,070
Transfer Fee
$1,861
Conveyancing
$1,196
Deposit (10%)
$75,000
Reg. Mortgage
$129
LMI Premium
$21,385
Renovation Costs
-
Total Cash/Equity Required
$140,190
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
$1,907
$2,488
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
$16,426
$23,993
Interest Repayments
$44,550
$44,550
Net Cashflow Before Tax
-$28,124
-$20,557
Depreciation
-
-
Tax Offset
-$8,437
-$6,167
Net Cashflow After Tax
-$19,687
-$14,390
Assumptions
Year 1
Year 10
Property Value
6.8%
$779,640
$1,409,404
Loan Balance
I.O
$675,000
$675,000
$104,640
$734,404
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2021 Population
Suburbs
Retail Trade - 12.0%
Education and Training - 12.0%
Manufacturing - 10.0%
Health Care and Social Assistance - 10.0%
Others - 56.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price