$1.05M
$206,419
"Boasting beautiful vista views, a surplus of living space, and a premier position only 500m from Upwey township, this sophisticated family residence offers a truly outstanding lifestyle. Poised atop a 1,559sqm approx. allotment with sealed drive, expansive workshop, covered parking, and impressive outdoor entertaining areas, this unique property has it all. The interior of this characterfilled home is enriched with high ceilings, large windows, polished timber floors, and leadlight accents. The primary level is hugged by wraparound covered and open decking to make it ideal for entertaining. At its heart of the gorgeous galley kitchen with beautiful benchtops and lovely gas range. Framed by a formal lounge with wood fire and ceiling roses as well as a conservatorystyle meals area and versatile diningsitting room, this is a home you can grow into. Add to this a sprawling upper level living area with French windows to a Juliet balcony that soaks up the spectacular outlooks, and every member of the family will find their own special place to relax and unwind. Equally impressive are the 4 bedrooms with builtin robes including the main bedroom with stylish ensuite. The family bathroom features a modern soaking tub and floating vanity and the laundry is generously proportioned. Gas ducted heating, split system heatingcooling, and external blinds ensure comfort in every season. Designed for discerning buyers who want a precise balance of location and liveablity, this property is a rare find. Treat yourself to a tour today. Beautiful 1,559sqm approx. property with spectacular views Large characterfilled home with wraparound decking Versatile living areas including a generous lounge with wood fire Gorgeous galley kitchen with quality appliances Modern family bathroom, impressive underhouse storage, and large workshop. Please note Information provided has been obtained from sources believed to be accurate, however, we cannot guarantee information is accurate. Interested parties should make their own enquiries obtain their own legal advice. We accept no liability for any errors or omissions including but not limited to a propertys land size, floor plans, building age or condition."
Below are some similar properties in the area you may be interested in.
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89.8%
$953K
4.1%
-$40,000
-$30,464
2.6%
1.9%
-14.9%
6.0%
Asking Price
$1,050,000
Estimated Purchase Price
$1,090,000
Stamp Duty
$59,950
Transfer Fee
$2,656
Conveyancing
$1,196
Deposit (10%)
$109,000
Reg. Mortgage
$129
LMI Premium
$31,080
Renovation Costs
-
Total Cash/Equity Required
$204,561
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
$1,907
$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
$21,226
$30,824
Interest Repayments
$64,746
$64,746
Net Cashflow Before Tax
-$43,520
-$33,922
Depreciation
-
-
Tax Offset
-$13,056
-$10,177
Net Cashflow After Tax
-$30,464
-$23,745
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,121,400
$2,027,224
Loan Balance
I.O
$981,000
$981,000
$140,400
$1,046,224
Did you know you need to engage a conveyancer when buying a property?
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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