$499K
$84,662
"Located only a short walk from the picturesque Wimmera River is this updated family home. Large open plan kitchen dining and living area Spacious kitchen with plenty of bench space, electric cooking facilities and a dishwasher Four good sized bedrooms, the master featuring a walk in robe and an ensuite. The remaining three bedrooms feature built in robes Central family bathroom Year round comfort is ensured by split system heating and cooling as well as a wood heater There is also an enclosed light filled alfresco area located at the front of the house. Outside there is an undercover entertaining area, garden shed and a neat, secure backyard. Additionally there is also side access to the yard via the carport. Land size Approx. 723sqm Source PriceFinder Zoning General Residential Zone GRZ1 Investors, please note that minimum rental standards now apply in Victoria httpswww.consumer.vic.gov.auhousingrentingrepairsalterationssafetyandpetsminimumstandardsminimumstandardsforrentalproperties"
Below are some similar properties in the area you may be interested in.
5%
70.9%
$395K
6.3%
-$85,000
-$14,214
3.5%
2.3%
-13.7%
6.0%
Asking Price
$499,000
Estimated Purchase Price
$560,000
Stamp Duty
$28,670
Transfer Fee
$1,416
Conveyancing
$1,196
Deposit (10%)
$56,000
Reg. Mortgage
$129
LMI Premium
$15,968
Renovation Costs
-
Total Cash/Equity Required
$103,928
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$19,760
$28,125
Property Management
+7.7% PA
$1,522
$2,166
Rates
+3.0% PA
$2,015
$2,629
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
$12,958
$19,070
Interest Repayments
$33,264
$33,264
Net Cashflow Before Tax
-$20,306
-$14,194
Depreciation
-
-
Tax Offset
-$6,092
-$4,258
Net Cashflow After Tax
-$14,214
-$9,936
Assumptions
Year 1
Year 10
Property Value
6.8%
$507,300
$917,078
Loan Balance
I.O
$504,000
$504,000
$3,300
$413,078
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 12.0%
Agriculture, Forestry and Fishing - 8.0%
Accommodation and Food Services - 7.0%
Others - 55.0%
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