$850K
$143,053
"Brought to the market for the first time in many years, on 3 separate titles, covering 6,734sqms in total is the opportunity to undertake a renovation project or build your dream home. 8 Fairhazel Court, Beaconsfield Upper A rare opportunity, located in the heart of Beaconsfield Upper, this 3 bedroomed brick home is nestled amongst native trees for an idyllic lifestyle, set on 2,036sqm with an approximate frontage of 44sqms. Offering a blank canvas for any avid tradie with vision and enthusiasm, this muchloved family home is ready to be brought into todays modern world. Mains electricity, tank water and septic tank are connected. In the bowl of the court, conveniently situated just a short walk to the Beaconsfield Upper Village, you are perfectly positioned within close proximity to local schools, cafs and shops. 10 minute drive to the township of Berwick and Beaconsfield, you have Elite Schools, Restaurants and Retail shops on your doorstep."
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95.3%
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$205,000
+
29.8%
26.9%
78.3%
6.0%
Asking Price
$850,000
Estimated Purchase Price
$785,000
Stamp Duty
$42,170
Transfer Fee
$1,943
Conveyancing
$1,196
Deposit (10%)
$78,500
Reg. Mortgage
$129
LMI Premium
$22,383
Renovation Costs
-
Total Cash/Equity Required
$146,870
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$234,000
$333,055
Property Management
+7.7% PA
$18,018
$25,645
Rates
+3.0% PA
$1,711
$2,232
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
$211,006
$300,917
Interest Repayments
$46,629
$46,629
Net Cashflow Before Tax
$164,377
$254,288
Depreciation
-
-
Tax Offset
$49,313
$76,286
Net Cashflow After Tax
$115,064
$178,002
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,057,320
$1,911,383
Loan Balance
I.O
$706,500
$706,500
$350,820
$1,204,883
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Retail Trade - 13.0%
Construction - 13.0%
Education and Training - 11.0%
Health Care and Social Assistance - 10.0%
Others - 53.0%
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