$1.06M
$198,985
"Nestled within the serene and picturesque landscape of Bolinda, this property offers an unparalleled opportunity to embrace the beauty of country living on a sprawling 3.6 acres approximately. Surrounded by rolling hills and lush greenery, this home provides a tranquil retreat from the hustle and bustle of city life. This is the perfect retreat for those seeking a quiet, private lifestyle with ample space for a growing family, hobby farming or wanting some land to enjoy. As you step inside, youll find four wellappointed bedrooms, three with builtin robes on one side of the house while the master bedroom offers a touch of luxury with a walkin robe and a private ensuite and access to the outdoor entertaining area. The main central bathroom well appointed and has a separate toilet. The heart of the home is the open plan living, kitchen and dining area. The spacious kitchen, equipped with ample cupboard space, a gas cooktop, an oven, a dishwasher. The openplan living and dining area is designed for comfort and relaxation, featuring a cosy Coonara fireplace and a split system in the dining area for yearround comfort. For those in need of extra space, this home also offers a front formal lounge room and a study which is big enough to even be another bedroom or nursery. The functional laundry with external access and a storage room adds to the practicality of this home. Outdoor living is a delight with an undercover entertaining area, surrounded by established gardens that provide a tranquil backdrop. The property is wellequipped with two water tanks, each holding 22,500 litres, ensuring a sustainable water supply. Additional features include new floors, new blinds, double carport, garden sheds, a workshop shed with power and two roller doors, 20 solar panels for energy efficiency, and a solarheated pool perfect for those warm summer days. For those with equestrian interests or a desire for extra space, the property offers two paddocks, making it an ideal choice for horse lovers or hobby farmers. Security cameras provide peace of mind, ensuring the safety of your home. Dont miss out as properties like this dont come up often especially with all this has to offer Call us today to arrange a private inspection"
Below are some similar properties in the area you may be interested in.
Location, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
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
-
73.8%
$750K
4.3%
$265,000
-$29,172
2.7%
2.0%
-14.7%
6.0%
Asking Price
$1,060,000
Estimated Purchase Price
$1,060,000
Stamp Duty
$58,300
Transfer Fee
$2,586
Conveyancing
$1,196
Deposit (10%)
$106,000
Reg. Mortgage
$129
LMI Premium
$30,225
Renovation Costs
-
Total Cash/Equity Required
$198,985
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
$1,843
$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
$21,290
$30,908
Interest Repayments
$62,964
$62,964
Net Cashflow Before Tax
-$41,674
-$32,056
Depreciation
-
-
Tax Offset
-$12,502
-$9,617
Net Cashflow After Tax
-$29,172
-$22,440
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,415,100
$2,558,164
Loan Balance
I.O
$954,000
$954,000
$461,100
$1,604,164
Did you know you need to engage a conveyancer when buying a property?
Request a free contract review