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$485K
$80,973
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Try Picki for FREEConfidence
Medium
High
$575,000
Medium
$525,000
Low
$475,000
Confidence
Medium
Situated at 810151017 Gregory Street, Lake Wendouree, this modern townhouse offers a blend of lakeside tranquility and urban convenience. Located near Lake Wendouree, it provides easy access to shops, cafes, and schools. The home extends over two floors, featuring an open-plan kitchen, dining, and living area on the ground floor, alongside a flexible office space or potential fourth bedroom. The upper level includes three spacious bedrooms, highlighted by a master suite with an en suite. Additional amenities include central heating, a paved courtyard, a balcony, and a two-car garage. This property promises a desirable lifestyle with ample flexibility.
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2021 Population
Suburbs
Health Care and Social Assistance - 19.0%
Retail Trade - 12.0%
Education and Training - 11.0%
Manufacturing - 9.0%
Others - 49.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2025 to 2027
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEMonthly % Change in Median House Prices (Prev. Quarter)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
0%
58.3%
$455K
5%
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-$3,591
6.4%
Asking Price
$550,000
Estimated Purchase Price
$525,000
Stamp Duty
$26,570
Transfer Fee
$1,334
Conveyancing
$1,196
Deposit (10%)
$52,500
Reg. Mortgage
$129
LMI Premium
$11,606
Renovation Costs
-
Total Cash/Equity Required
$93,884
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,800
$48,108
Property Management
+7.7% PA
$2,603
$3,704
Rates
+3.0% PA
$1,877
$2,449
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
$26,055
$37,694
Interest Repayments
$31,185
$31,185
Net Cashflow Before Tax
-$5,130
$6,509
Depreciation
-
-
Tax Offset
-$1,539
$1,953
Net Cashflow After Tax
-$3,591
$4,557
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$560,700
$1,013,612
Loan Balance
I.O
$472,500
$472,500
$88,200
$541,112
