$400K
$63,450
"Welcome to 5 Fitzroy Street, Heywood a charming 3bedroom brick veneer home set on a generous 883m2 block. As you step inside, the polished timber flooring adds a touch of warmth to the inviting atmosphere that permeates most of the home. The recently updated kitchen boasts a stylish design and ample storage space, forming the heart of this residence. The classic layout includes a spacious kitchen and dining area with doubledoor access to a generously sized living space featuring reverse cycle air conditioning for yearround comfort. A wide hallway with high ceilings guides you to the three bedrooms and the updated bathroom. The large master bedroom enjoys the luxury of its own reverse cycle air conditioning, while two of the three bedrooms come equipped with builtin robes. At the rear of the home, a westfacing sunroom beckons, leading to a paved undercover entertainment area the perfect spot to unwind and enjoy the outdoors. The property also features a 10.5meter by 4meter single bay brick garage, complemented by an additional 4.4meter by 4meter Colorbond shed, providing ample space for storage and hobbies. External highlights of this home include external window shutters on the front, offering both privacy and aesthetic appeal. The backyard is fully enclosed, providing a secure space for children and pets to play, surrounded by established gardens that add to the overall charm of the property. This residence at 5 Fitzroy Street is not just a house its a welcoming home with a perfect blend of modern updates and classic features. Dont miss the opportunity to make it yours"
Below are some similar properties in the area you may be interested in.
3.4%
80.3%
$380K
5.1%
-$30,000
-$7,898
4.5%
2.9%
-12.1%
6.0%
Asking Price
$400,000
Estimated Purchase Price
$370,000
Stamp Duty
$17,270
Transfer Fee
$972
Conveyancing
$1,196
Deposit (10%)
$37,000
Reg. Mortgage
$129
LMI Premium
$8,179
Renovation Costs
-
Total Cash/Equity Required
$65,295
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$16,640
$23,684
Property Management
+7.7% PA
$1,281
$1,824
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
$10,695
$15,775
Interest Repayments
$21,978
$21,978
Net Cashflow Before Tax
-$11,283
-$6,203
Depreciation
-
-
Tax Offset
-$3,385
-$1,861
Net Cashflow After Tax
-$7,898
-$4,342
Assumptions
Year 1
Year 10
Property Value
6.8%
$363,120
$656,435
Loan Balance
I.O
$333,000
$333,000
$30,120
$323,435
Did you know you need to engage a conveyancer when buying a property?
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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