$695K
$143,053
"Exhibiting an exceptional collaboration of quality and style, this beautiful northfacing home is bathed in sunshine and blessed with beautiful Yarra Valley views and a familyfriendly bowlofcourt setting. Gliding over shimmering golden floorboards, the homes inviting lounge welcomes family and guests with large windows providing a bright and homely ambience for everyday living, while stunning views enhance your experience. A sensational kitchen and meals zone is conveniently appointed with hardwearing tiles, Westinghouse appliances oven and 900mm gas cooktop, Westinghouse dishwasher plus a breakfast bench. Plush carpet enriches the restful sleeping quarters, with two of the three bedrooms boasting builtinrobes and served by a family bathroom with shower over the bath, separate toilet and laundry. Stepping outside, a covered patio provides the perfect space to set up the barbeque, while a large double carport is perfectly positioned to double as a covered entertaining area, flanked by both the front and backyard. Finished off with ducted heating, split system air conditioning, ceiling fans, CCTV cameras, generator switch, garden shed plus a large shedworkshop. Perfectly positioned close to nearby Wandin North cafs and shops, Lilydale and Mount Evelyn shops, Warburton Rail Trail, Wandin North Primary School, Wandin Yallock Primary School, Yarra Hills Secondary College, buses and trains, only a short drive to Yarra Valley restaurants and cafes."
Below are some similar properties in the area you may be interested in.
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92.7%
-
-
-$65,000
-$20,487
2.9%
2.0%
-14.7%
6.0%
Asking Price
$695,000
Estimated Purchase Price
$745,000
Stamp Duty
$39,770
Transfer Fee
$1,849
Conveyancing
$1,196
Deposit (10%)
$74,500
Reg. Mortgage
$129
LMI Premium
$21,243
Renovation Costs
-
Total Cash/Equity Required
$139,236
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$21,840
$31,085
Property Management
+7.7% PA
$1,682
$2,394
Rates
+3.0% PA
$1,907
$2,488
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
$14,986
$21,943
Interest Repayments
$44,253
$44,253
Net Cashflow Before Tax
-$29,267
-$22,310
Depreciation
-
-
Tax Offset
-$8,780
-$6,693
Net Cashflow After Tax
-$20,487
-$15,617
Assumptions
Year 1
Year 10
Property Value
6.8%
$726,240
$1,312,869
Loan Balance
I.O
$670,500
$670,500
$55,740
$642,369
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2021 Population
Suburbs
Retail Trade - 12.0%
Education and Training - 12.0%
Manufacturing - 10.0%
Health Care and Social Assistance - 10.0%
Others - 56.0%
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