$530K
$110,608
"Situated in one of the most select streets in Benalla. This is a Charming 3 Bedroom Brick Veneer Home plus a studyoffice area. Gas appliances throughout Ducted Evaporative Cooling alongside, a Split Air Conditioner to enjoy. High ceilings with ornate cornices. Separate lounge, a dining adjoins the updated kitchen, this leads out to a multipurpose room. For the power savings it has Solar Power as well. The outdoors is surrounded with mature trees shrubs. It is a pretty picture to be yours if you desire. Double Carport along with a Double Garage. A location that rarely comes to the Market, due to its location, close to parkland, schools and shops. A short stroll the Benalla Lake Restaurants. Pick up the Phone NOW, All Offers Considered at 530 K PLUS"
Below are some similar properties in the area you may be interested in.
-
70.7%
$410K
5.6%
-$155,000
-$15,522
3.2%
2.0%
-14.7%
6.0%
Asking Price
$530,000
Estimated Purchase Price
$570,000
Stamp Duty
$29,270
Transfer Fee
$1,440
Conveyancing
$1,196
Deposit (10%)
$57,000
Reg. Mortgage
$129
LMI Premium
$16,253
Renovation Costs
-
Total Cash/Equity Required
$105,837
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
$1,850
$2,414
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
$11,684
$17,236
Interest Repayments
$33,858
$33,858
Net Cashflow Before Tax
-$22,174
-$16,622
Depreciation
-
-
Tax Offset
-$6,652
-$4,987
Net Cashflow After Tax
-$15,522
-$11,636
Assumptions
Year 1
Year 10
Property Value
6.8%
$443,220
$801,236
Loan Balance
I.O
$513,000
$513,000
-$69,780
$288,236
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 - 14.0%
Manufacturing - 11.0%
Agriculture, Forestry and Fishing - 10.0%
Retail Trade - 9.0%
Others - 56.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price