$975K
$165,001
"Discover the serene charm of 11 Fords Road, Gruyere, come and see this great blank canvas. This stunning property features a spacious lounge room with breathtaking 180degree views of the surrounding vistas, perfect for relaxation and entertaining with a feature wood fireplace and split system heatingcooling for all year round comfort. The well spaced kitchen boasts generous bench space and a meals zone that seamlessly connects to the outdoor deck, ideal for alfresco dining overlooking the views. The home offers comfortable living with bedrooms all featuring builtin robes, and a generous master bedroom with a walkin robe and ensuite. Practicality meets convenience with a carport, garage, and an additional shed cut out ready for expansion. Set on a few acres of cleared land, this property includes a productive veggie patch and is fully fenced, ensuring privacy and security. Located on a private deadend road, the home benefits from abundant natural light, creating a warm and inviting atmosphere. Experience the best of country living with modern comforts at 11 Fords Road, Gruyere."
Below are some similar properties in the area you may be interested in.
Location, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
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
-
97.3%
-
-
$280,000
-$25,475
3.0%
2.2%
-14.0%
6.0%
Asking Price
$1,050,000
Estimated Purchase Price
$970,000
Stamp Duty
$53,350
Transfer Fee
$2,376
Conveyancing
$1,196
Deposit (10%)
$97,000
Reg. Mortgage
$129
LMI Premium
$27,658
Renovation Costs
-
Total Cash/Equity Required
$182,258
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
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
$21,226
$30,824
Interest Repayments
$57,618
$57,618
Net Cashflow Before Tax
-$36,392
-$26,794
Depreciation
-
-
Tax Offset
-$10,918
-$8,038
Net Cashflow After Tax
-$25,475
-$18,756
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,335,000
$2,413,362
Loan Balance
I.O
$873,000
$873,000
$462,000
$1,540,362
Did you know you need to engage a conveyancer when buying a property?
Request a free contract review