$645K
$120,151
"Look no further than this recently renovated, lightfilled and spacious family home. Whether you are looking for your first home, to downsize or invest this one ticks all the boxes. Situated on a generous 656sqm approx. allotment, the property offers 3 spacious bedrooms master with walk in robe and ensuite Renovated kitchen fitted with quality appliances and ample storage space Open plan mealsliving area with woodfire Double garage decked out as a man cave with bar and workshop Plenty of off street parking and storage space available, garden shed, beautifully landscaped and wellmaintained secure garden, heating, cooling, separate laundry, functional main bathroom with tub, separate toilet, downlights, ceiling fans and so much more All of this within walking distance to the local general store, boat ramps, foreshore and bushwalking tracks. Not far from Tooradin township, local schools and shops. To inspect and appreciate, call today"
-
88.7%
$640K
4.5%
-$645,000
-$30,202
-
-
-25.1%
-
Asking Price
$645,000
Estimated Purchase Price
$645,000
Stamp Duty
$33,770
Transfer Fee
$1,615
Conveyancing
$1,196
Deposit (10%)
$64,500
Reg. Mortgage
$129
LMI Premium
$18,391
Renovation Costs
-
Total Cash/Equity Required
$120,151
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,567
$2,045
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
-$4,832
-$6,305
Interest Repayments
$38,313
$38,313
Net Cashflow Before Tax
-$43,145
-$44,618
Depreciation
-
-
Tax Offset
-$12,944
-$13,385
Net Cashflow After Tax
-$30,202
-$31,232
Assumptions
Year 1
Year 10
Property Value
6.8%
-
-
Loan Balance
I.O
$580,500
$580,500
-$580,500
-$580,500
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewBelow 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 - 16.0%
Health Care and Social Assistance - 13.0%
Education and Training - 12.0%
Construction - 10.0%
Others - 49.0%
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