$740K
$156,413
"Offering generous living and entertaining spaces, this glamorous four bedroom, two bathroom home on 1,298 m approx. masterfully blends sophisticated design choices with luxurious comfort, to deliver an elevated living experience. Instantly captivating with its beautiful street presence, the home opens to a defined entry, with lovely lightfilled spaces enhanced by darker colour elements, including wallpaper wainscotting in a black pressedmetal design to the hallway. A frontage lounge includes a woodfuelled heater, adding both warmth and a focal point, while allowing easy flow to the modern kitchen. Streamlined and efficient, the kitchen features dark countertops that complement the overall aesthetic. White cabinetry with frosted glass inserts provides a perfect counterbalance, while the white tiled splashback adds a clean, fresh element. It also includes softclose drawers, a 60cm oven with a 4zone cooktop, and a dishwasher. Adjoining open dining and living areas flow seamlessly to the expansive covered outdoor entertaining area a masterpiece of indooroutdoor design. The use of Red Gum decking and posts adds a natural, organic element, while clear bistro blinds ensure the space can be enjoyed yearround. The addition of a fenced spa area is an inspired touch, offering a private relaxation zone. These areas descend to the magical landscaped garden with a mature hydrangea, trellised arbour, and firepit area. A hen house and chook yard add a charming, rustic element that contrasts beautifully with the homes more glamorous aspects. Accommodation is generous, with four luxurious bedrooms including a main bedroom with an ensuite. The ensuite is a particular highlight, featuring tiles with copper hues that create a warm, inviting atmosphere. The main bathroom continues the theme with its striking black and white bathtub. Set on a corner allotment offering dual access via Metcalfe Drive, the property includes a remotecontrolled double garage, ducted heating, evaporative cooling, ample storage, builtin robes, and an internal laundry. Close to Romsey village shops, cafes, and primary school, with train stations a 10minute drive away."
Below are some similar properties in the area you may be interested in.
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86.8%
$724K
3.4%
$30,000
-$23,193
2.6%
1.8%
-15.6%
6.0%
Asking Price
$740,000
Estimated Purchase Price
$795,000
Stamp Duty
$42,770
Transfer Fee
$1,966
Conveyancing
$1,196
Deposit (10%)
$79,500
Reg. Mortgage
$129
LMI Premium
$22,668
Renovation Costs
-
Total Cash/Equity Required
$148,779
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$20,800
$29,605
Property Management
+7.7% PA
$1,602
$2,280
Rates
+3.0% PA
$1,843
$2,405
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
$14,090
$20,661
Interest Repayments
$47,223
$47,223
Net Cashflow Before Tax
-$33,133
-$26,562
Depreciation
-
-
Tax Offset
-$9,940
-$7,969
Net Cashflow After Tax
-$23,193
-$18,594
Assumptions
Year 1
Year 10
Property Value
6.8%
$881,100
$1,592,819
Loan Balance
I.O
$715,500
$715,500
$165,600
$877,319
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2021 Population
Suburbs
Health Care and Social Assistance - 12.0%
Retail Trade - 11.0%
Education and Training - 11.0%
Construction - 9.0%
Others - 57.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price