$930K
$173,590
"Welcome to 4446 Darriwell Drive, a remarkable property nestled in the heart of Mount Helen. Im delighted to showcase this architecturally designed gem to the market. Prepare to be captivated by the elegance and functionality of this stunning residence. Boasting a unique blend of modern design and timeless charm, this property offers a lifestyle of luxury and comfort. This brick veneer masterpiece features 4 bedrooms, including a master suite that redefines relaxation. With an updated ensuite and a walkin wardrobe, it offers both convenience and indulgence. The elevated views from the master suite provide a picturesque backdrop to your daily life. The heart of this home is its beautiful updated kitchen, featuring striking black cabinetry and modern appliances. Its a chefs delight and a focal point for entertaining guests. The family bathroom is equally impressive, with floortoceiling tiles that exude luxury and elegance. Hardwood flooring throughout the home adds warmth and character, complementing the contemporary design. Youll love cozying up in the comfortable lounge area, complete with a gas log fire and large windows that seamlessly blend indoor and outdoor living. For yearround comfort, this home offers central heating and evaporative cooling, ensuring a pleasant environment regardless of the season Step outside and discover multiple deck areas perfect for dining or enjoying outdoor activities with family and friends. The expansive outdoor space offers endless possibilities for relaxation and recreation abutting beautiful nature. Set on a total of 1860m2 approx. which comprises of two titles."
-
80.9%
$670K
3.9%
$5,000
-$25,262
2.8%
2.0%
-14.6%
6.0%
Asking Price
$930,000
Estimated Purchase Price
$925,000
Stamp Duty
$50,570
Transfer Fee
$2,270
Conveyancing
$1,196
Deposit (10%)
$92,500
Reg. Mortgage
$129
LMI Premium
$26,375
Renovation Costs
-
Total Cash/Equity Required
$173,590
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$26,000
$37,006
Property Management
+7.7% PA
$2,002
$2,849
Rates
+3.0% PA
$1,877
$2,449
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
$18,856
$27,447
Interest Repayments
$54,945
$54,945
Net Cashflow Before Tax
-$36,089
-$27,498
Depreciation
-
-
Tax Offset
-$10,827
-$8,249
Net Cashflow After Tax
-$25,262
-$19,248
Assumptions
Year 1
Year 10
Property Value
6.8%
$993,240
$1,795,542
Loan Balance
I.O
$832,500
$832,500
$160,740
$963,042
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2021 Population
Suburbs
Health Care and Social Assistance - 19.0%
Retail Trade - 12.0%
Education and Training - 11.0%
Manufacturing - 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