$1.15M
$240,598
"Providing boundless space for the family to thrive, this impressive home assures a lifestyle of entertaining ease with formal, family and recreation rooms topped off by a fabulous alfresco and huge backyard. Intuitively designed to make the most of its sloping 2,679sqm approx. allotment, the layout is easy to enjoy with the family and meals room stretching across the front of the home and appreciating a soaring, timberlined cathedral ceiling, glowing gas log fire and sliding doors that open out onto the wide verandah and pleasing front yard. A skylit kitchen completes the space, incorporating stone benchtops, 900mm Westinghouse ovengas cooktop, Beko dishwasher, softclose cabinetry, double stainlesssteel sink plus a breakfast bench. Welcoming entertaining, a rumpus with bar and combustion fire is complemented by a spacious lounge boasting a fireplace and sliding doors opening onto the alfresco deck with cafe blinds and Dandenong Ranges views. The massive backyard provides a plethora of space to enjoy on weekends, with options to add a basketball court or swimming pool at a later date if desired, while young children will love the inclusion of a sandpit and cubby house. Five robed bedrooms complete this superb home and include a bright guest bedroom with walkinrobe, ensuite and access onto the alfresco, while the spacious master suite also steps out onto the alfresco and offers a builtin entertainment unit, large fitted walkinrobe and stylish ensuite featuring a toilet, twin stone vanity, large twin shower and beautiful brushed brass fittings. Further enhanced by a tidy family bathroom, separate toilet, fullsized laundry, ducted heating, evaporative cooling, split system air conditioning, ceiling fans, water tank, under house storage, shed, double carport plus a detached double garageworkshop. Nestled on a tranquil 2679sqm allotment, close to Wandin North cafs and shops, Lilydale shops, buses and train, Warburton Rail Trail, Wandin North Primary, Wandin Yallock Primary, Yarra Hills Secondary, only a short drive to Yarra Valley restaurants and cafes."
Below are some similar properties in the area you may be interested in.
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83.7%
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-$140,000
-$29,774
3.2%
2.5%
-12.7%
6.0%
Asking Price
$1,150,000
Estimated Purchase Price
$1,235,000
Stamp Duty
$67,925
Transfer Fee
$2,996
Conveyancing
$1,196
Deposit (10%)
$123,500
Reg. Mortgage
$129
LMI Premium
$38,644
Renovation Costs
-
Total Cash/Equity Required
$234,939
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$39,000
$55,509
Property Management
+7.7% PA
$3,003
$4,274
Rates
+3.0% PA
$1,907
$2,488
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
$30,825
$44,487
Interest Repayments
$73,359
$73,359
Net Cashflow Before Tax
-$42,534
-$28,872
Depreciation
-
-
Tax Offset
-$12,760
-$8,662
Net Cashflow After Tax
-$29,774
-$20,211
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,169,460
$2,114,105
Loan Balance
I.O
$1,111,500
$1,111,500
$57,960
$1,002,605
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2021 Population
Suburbs
Retail Trade - 12.0%
Education and Training - 12.0%
Manufacturing - 10.0%
Health Care and Social Assistance - 10.0%
Others - 56.0%
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