Withheld
$194,339
"This impressive family home captivates and inspires with its generous dimensions and stylish appointments, residing within a short walk of popular amenities and picturesque parks. Commanding attention from the kerbside with its chic rendered facade and timberinspired accents, the property showcases an exposed aggregate driveway for offstreet parking, alongside modern Colourbond fencing. Awash with natural light, the airy interiors feature calming neutral tones, highlighting a spacious living room that can easily serve as a fifth bedroom. Its generous layout encourages family harmony, complemented by a soft plush carpet that enhances both comfort and versatility. Highlighting the homes flawless functionality, the familymeal zone embraces its open configuration, spilling to an exceptional entertainers domain for sociable gatherings and jubilant celebrations. The gourmet stone kitchen capitalizes on its prominent position, offering a sleek waterfall island for interactive meal prep, alongside a premium 900mm dual fuel oven, Bosch dishwasher and expansive walkin pantry. Creating a sanctuary of serenity for busy parents, the main bedroom is placed with privacy in mind, presenting a custom walkin robe and fully tiled ensuite with a stylish dual vanity, while the three remaining bedrooms are nestled together with double door robes, sharing the flexible study for quiet productivity and the main bathroom with its deep bath. Optimising comfort levels, the home is equipped with ducted heating and refrigerated cooling, while finishing touches include an alarm system, surround sound speaker system, video intercom doorbell, solar panels and solar hot water service to aid with energy efficiency, a spacious attic with generous ceiling height, two storage garden sheds and an extralarge double garage with drivethrough roller access. The property is just a stroll from Bald Hill Park and Namatjira Park, Clarinda Shopping Village, St Andrews Catholic Church and School, Clayton South Primary School and is zoned for South Oakleigh Secondary College. Reap the benefits of justlikenew appeal and prime convenience with this movein ready entertainer."
Below are some similar properties in the area you may be interested in.
-
81.3%
$1.13M
2.9%
$15,000
-$28,061
2.8%
2.1%
-14.4%
6.0%
Asking Price
-
Estimated Purchase Price
$1,035,000
Stamp Duty
$56,925
Transfer Fee
$2,528
Conveyancing
$1,196
Deposit (10%)
$103,500
Reg. Mortgage
$129
LMI Premium
$29,512
Renovation Costs
-
Total Cash/Equity Required
$194,339
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
$1,741
$2,272
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
$21,392
$31,041
Interest Repayments
$61,479
$61,479
Net Cashflow Before Tax
-$40,087
-$30,438
Depreciation
-
-
Tax Offset
-$12,026
-$9,132
Net Cashflow After Tax
-$28,061
-$21,307
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,121,400
$2,027,224
Loan Balance
I.O
$931,500
$931,500
$189,900
$1,095,724
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Manufacturing - 19.0%
Retail Trade - 13.0%
Health Care and Social Assistance - 8.0%
Construction - 8.0%
Others - 52.0%
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