$1.59M
$281,153
"Behind its classic doublefronted faade, this charming home combines period allure with recent contemporary updates and northfacing alfresco appeal in a whisperquiet culdesac pocket belying its proximity to fabulous lifestyle amenities. Preceded by a comfortable central living room with fireplace, the renovated kitchendining space induction cooktop, dishwasher breakfast bar leads out to a large timber deck bathed in sunshine throughout the day. All three bedrooms have fireplaces and plantation shutters, the master adjoining a deluxe private ensuite, and another with builtin study desk shelving. A cleverly concealed bathroom with wc, ducted heatingcooling, reversecycle ac, high ceilings and timber floors complete an opportunity enhanced by attic storage, full rewiringreplumbing and convenience to High Street trams, local cafscuisine and the leafy tranquillity of Victoria Gardens. A ROW at the rear offers potential to have one offstreet car space."
Below are some similar properties in the area you may be interested in.
Location, 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
Retail Trade - 18.0%
Health Care and Social Assistance - 16.0%
Professional, Scientific and Technical Services - 12.0%
Accommodation and Food Services - 11.0%
Others - 43.0%
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
-
54.7%
-
-
$35,000
-$36,053
3.1%
2.5%
-12.5%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$1,600,000
Estimated Purchase Price
$1,515,000
Stamp Duty
$83,325
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$151,500
Reg. Mortgage
$129
LMI Premium
$47,405
Renovation Costs
-
Total Cash/Equity Required
$287,720
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$46,800
$66,611
Property Management
+7.7% PA
$3,604
$5,129
Rates
+3.0% PA
$1,444
$1,884
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
$38,487
$55,338
Interest Repayments
$89,991
$89,991
Net Cashflow Before Tax
-$51,504
-$34,653
Depreciation
-
-
Tax Offset
-$15,451
-$10,396
Net Cashflow After Tax
-$36,053
-$24,257
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,655,400
$2,992,569
Loan Balance
I.O
$1,363,500
$1,363,500
$291,900
$1,629,069