$420K
$67,139
"Welcome to 14 Catons Flat Road, Heywooda wellpresented, lowmaintenance property located on the peaceful south edge of town. Set on a spacious 998m block, this 3bedroom brick veneer home offers the perfect blend of town conveniences and a serene rural atmosphere. Step into the heart of the homea modern openplan living, dining, and kitchen area thats both functional and stylish. A standout feature is the timber gable ceiling in the living room, complemented by a cozy wood heater and a recently installed reverse cycle air conditioner, ensuring yearround comfort. The home features three generoussized bedrooms, each equipped with builtin robes. The master bedroom enjoys direct access to the bathroom, adding an extra layer of convenience to the layout. Outside, the property continues to impress with a large 10m x 6m garage, perfect for vehicle storage and additional space for hobbies or tools. A garden shed is also available for your gardening needs, while the secure, fully fenced backyard offers a private and safe environment for outdoor activities. The front and rear verandas provide ideal spots to relax and enjoy the fresh air, with the front veranda offering picturesque views over neighboring farmland. Whether youre looking for a quiet family home or a peaceful retreat, 14 Catons Flat Road is a mustsee. Enjoy the benefits of town living while soaking in the rural outlook that makes this property truly special."
Below are some similar properties in the area you may be interested in.
3.4%
80.3%
$380K
5.1%
-$40,000
-$8,058
4.5%
3.0%
-11.7%
6.0%
Asking Price
$420,000
Estimated Purchase Price
$390,000
Stamp Duty
$18,470
Transfer Fee
$1,018
Conveyancing
$1,196
Deposit (10%)
$39,000
Reg. Mortgage
$129
LMI Premium
$8,621
Renovation Costs
-
Total Cash/Equity Required
$68,984
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$17,680
$25,164
Property Management
+7.7% PA
$1,361
$1,938
Rates
+3.0% PA
$1,399
$1,825
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
$11,655
$17,141
Interest Repayments
$23,166
$23,166
Net Cashflow Before Tax
-$11,511
-$6,025
Depreciation
-
-
Tax Offset
-$3,453
-$1,807
Net Cashflow After Tax
-$8,058
-$4,217
Assumptions
Year 1
Year 10
Property Value
6.8%
$373,800
$675,741
Loan Balance
I.O
$351,000
$351,000
$22,800
$324,741
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 14.0%
Health Care and Social Assistance - 14.0%
Manufacturing - 13.0%
Retail Trade - 9.0%
Others - 50.0%
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