$2.4M
$503,697
"THE DEAL As luxurious and convenient as it is timeless and elegant, this divine Edwardian c1910 serves as a magnificent family home or professionals base among what is without doubt one of Ascot Vales most revered streets. With manicured gardens, iron lacework, and tuckpointed brickwork promising a scintillating stance to a communityminded culdesac, a warm and welcoming hallway introduces three substantial, original bedrooms, together featuring Baltic pine floors, functional fireplaces, and elaborate, pressedmetal ceilings. An ontrend ensuite and walkin robe enhance a considerable rear master, while a lightfilled office, equipped with floortoceiling cabinetry, provides a perfect base for home workdays. Offering the option to close off for living separation or open for streamlined flow, a serene central lounge neighbours a stunning main area, with allday rays, a wine display case, and gas fireplace enlivening living and dining areas. Ribbons of marble adorn a firstrate kitchen, accompanied by a butlers pantry, fully integrated fridgefreezer stainlesssteel dishwasher, Miele gas top and oven pair, and stylish linear pendant above a wide waterfall island. Introduced by a wraparound veranda, a sizeable, sunsoaked yard makes optimal use of its northern orientation, with thriving greenery, complete privacy, and a resulting sense of calm perfect come time to entertain, enjoy a quiet coffee, or sunbathe in peace. Other highlights include a lavish main bathroom with rain shower and soaker tub, fullsize laundry, ducted heating, splitsystem heatingcooling, plantation shutters, French oak engineered floors to extension, front driveway park, and back garage plus open car space accessed via rear laneway. SEALS THE DEAL With schools, CityLink, and Moonee Ponds Creek close by, its only a short stroll to Mt Alexander and Union Road lifestyle hubs, Ascot Vale Station, and trams promoting rapid access to Puckle Street, hospitals, universities, and the bustling CBD."
Below are some similar properties in the area you may be interested in.
-
84.2%
$1.5M
2.9%
-$380,000
-$73,881
2.2%
1.9%
-15.0%
6.0%
Asking Price
$2,400,000
Estimated Purchase Price
$2,580,000
Stamp Duty
$147,700
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$258,000
Reg. Mortgage
$129
LMI Premium
$80,729
Renovation Costs
-
Total Cash/Equity Required
$491,920
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$57,200
$81,413
Property Management
+7.7% PA
$4,404
$6,269
Rates
+3.0% PA
$1,823
$2,379
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
$47,708
$68,506
Interest Repayments
$153,252
$153,252
Net Cashflow Before Tax
-$105,544
-$84,746
Depreciation
-
-
Tax Offset
-$31,663
-$25,424
Net Cashflow After Tax
-$73,881
-$59,322
Assumptions
Year 1
Year 10
Property Value
6.8%
$2,349,600
$4,247,518
Loan Balance
I.O
$2,322,000
$2,322,000
$27,600
$1,925,518
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Retail Trade - 16.0%
Education and Training - 11.0%
Health Care and Social Assistance - 11.0%
Accommodation and Food Services - 8.0%
Others - 54.0%
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