$790K
$163,093
"Welcome to this delightful 3bedroom home, perfectly positioned in the heart of one of the most soughtafter neighbourhoods and situated in a convenient service lane. Step inside and be greeted by a spacious and inviting living area, complete with a split system and evaporative cooling unit, ensuring yearround comfort for the whole family. The home offers three generously sized bedrooms, each filled with natural light, providing plenty of space for growing families or working from home. At the heart of this home is a stunning, fully renovated kitchen. Featuring sleek cabinetry, modern appliances, and ample counter space, its perfect for cooking up family meals or hosting dinner parties. Freshly renovated, the bathroom boasts a luxurious feel, with highend fixtures, elegant tiling, and a modern vanity, providing a perfect retreat after a long day. Step outside and enjoy a serene backyard with stunning views of the iconic Dandenong Ranges. Whether youre hosting a BBQ or relaxing with a morning coffee, this space is the perfect outdoor retreat. Conveniently located within the catchments of Bayswater North Primary School, Bayswater Secondary College, and just minutes from Canterbury Gardens Shopping Centre, this home is perfect for families seeking a vibrant community with all amenities close by. Movein ready, with a renovated kitchen and bathroom, this charming 3bedroom home offers the perfect blend of comfort, style, and location. Dont miss the opportunity to make this house your home. Note Cant attend the auction No problem, you can still participate online. You can watch, or even bid at this auction online using Anywhere Auction website and app. Contact us."
Below are some similar properties in the area you may be interested in.
3.9%
81%
$779K
4.1%
$10,000
-$23,574
2.8%
2.0%
-14.8%
6.0%
Asking Price
$790,000
Estimated Purchase Price
$850,000
Stamp Duty
$46,070
Transfer Fee
$2,095
Conveyancing
$1,196
Deposit (10%)
$85,000
Reg. Mortgage
$129
LMI Premium
$24,237
Renovation Costs
-
Total Cash/Equity Required
$159,276
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
Rates
+3.0% PA
$1,520
$1,983
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
$16,813
$24,498
Interest Repayments
$50,490
$50,490
Net Cashflow Before Tax
-$33,677
-$25,992
Depreciation
-
-
Tax Offset
-$10,103
-$7,798
Net Cashflow After Tax
-$23,574
-$18,195
Assumptions
Year 1
Year 10
Property Value
6.8%
$918,480
$1,660,393
Loan Balance
I.O
$765,000
$765,000
$153,480
$895,393
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewLocation, 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 - 15.0%
Health Care and Social Assistance - 15.0%
Manufacturing - 14.0%
Construction - 9.0%
Others - 47.0%
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