$510K
$91,117
"Immaculately maintained both inside and out, this property is ready for a new owner to move in and enjoy. Gleaming polished timber flooring features throughout the open plan living room with RCAC, which captures views out over a rear deck to the waters of Corner Inlet and the mountains of Wilsons Prom. Blackwood timber kitchen with granite look bench tops and quality appliances. Large master bedroom with wall of robes plus fitted guest bedroom. Stylish modern bathroom, laundry utility room and separate w.c. Approx. 582.9m2 block with manicured gardens and parking apron for multiple cars boat caravan, garden shed and space to add a large shed at the rear STCA. Backing onto the Rail Trail with access gate and all new fences, only a short walk from the heated pool and shops, 2km from boat launching into Corner Inlet this is sure to appeal to even the fussiest of buyers."
Below are some similar properties in the area you may be interested in.
3%
76.1%
-
-
-$110,000
-$13,142
3.6%
2.3%
-14.4%
6.0%
Asking Price
$510,000
Estimated Purchase Price
$510,000
Stamp Duty
$25,670
Transfer Fee
$1,299
Conveyancing
$1,196
Deposit (10%)
$51,000
Reg. Mortgage
$129
LMI Premium
$11,274
Renovation Costs
-
Total Cash/Equity Required
$91,118
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$18,200
$25,904
Property Management
+7.7% PA
$1,401
$1,995
Rates
+3.0% PA
$2,014
$2,628
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
$11,520
$17,022
Interest Repayments
$30,294
$30,294
Net Cashflow Before Tax
-$18,774
-$13,272
Depreciation
-
-
Tax Offset
-$5,632
-$3,982
Net Cashflow After Tax
-$13,142
-$9,291
Assumptions
Year 1
Year 10
Property Value
6.8%
$427,200
$772,276
Loan Balance
I.O
$459,000
$459,000
-$31,800
$313,276
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 20.0%
Health Care and Social Assistance - 11.0%
Retail Trade - 9.0%
Manufacturing - 8.0%
Others - 52.0%
Average Income
Average Population
projected
for 2024 to 2026
Average Days of Supply