$449K
$71,750
"Nestled in the popular Tweddle Street precinct, this solid 3 bedroom brick veneer home will suit a range of buyers and is ready to move in and enjoy, or add to your investment portfolio. With its functional floor plan and use of natural light this property offers a comfortable and convenient lifestyle. Enjoy the light filled lounge and dining area on those beautiful sunny mornings, recently renovated the kitchen offers gas cooking, ample cupboard and bench space, 3 good sized bedrooms, bathroom, laundry and separate toilet. Relax outside, under the patio overlooking the rear garden, the perfect place for a BBQ with family and friends or just sit back and watch the kids play. A short stroll to Kyabram P12, this property offers first home buyers or investors a chance to secure an easycare home in a great location. Split system heating and cooling Brand new carpet in lounge, hallway 2 bedrooms Double gates for rear access Secure fencing 894m2 block Dont miss the opportunity to inspect this property"
Below are some similar properties in the area you may be interested in.
-
90.4%
$550K
5.2%
$10,000
-$9,031
4.4%
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-12.3%
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Asking Price
$449,000
Estimated Purchase Price
$415,000
Stamp Duty
$19,970
Transfer Fee
$1,077
Conveyancing
$1,196
Deposit (10%)
$41,500
Reg. Mortgage
$129
LMI Premium
$9,174
Renovation Costs
-
Total Cash/Equity Required
$73,595
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$18,200
$25,904
Property Management
+7.7% PA
$1,401
$1,995
Rates
+3.0% PA
$1,784
$2,328
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
$11,750
$17,322
Interest Repayments
$24,651
$24,651
Net Cashflow Before Tax
-$12,901
-$7,329
Depreciation
-
-
Tax Offset
-$3,870
-$2,199
Net Cashflow After Tax
-$9,031
-$5,130
Assumptions
Year 1
Year 10
Property Value
6.8%
$453,900
$820,543
Loan Balance
I.O
$373,500
$373,500
$80,400
$447,043
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Health Care and Social Assistance - 15.0%
Manufacturing - 13.0%
Agriculture, Forestry and Fishing - 13.0%
Retail Trade - 12.0%
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