$440K
$88,351
"Situated in tightly held Peart Street, this sturdy brick home offers comfortable living within a short, flat walk to the centre of town and child care and kinder facilities and warrants an inspection to appreciate the good bones and size of this home. Downstairs offers a delightful living area with a nice view of the garden, timber kitchen and dining area with good storage and electric upright oven, three bedrooms, two with built in robes and a tiled bathroom with separate bath and shower are well appointed to the bedrooms. Theres a handy amount of storage throughout the home and upstairs presents a sizeable living spacerumpus room or extra bedroom. It would be perfect for a teenagers bedroom or is large enough to split into two. The home has ducted natural gas heating with a new external unit, quality external roller shutters on the windows, RC air conditioning, solar HWS, 3 water tanks for the garden, garden shed and semienclosed carport with remote door. This is a low maintenance home and block for someone looking to be centrally located to amenities. With the cost of petrol these days, you could nearly hang up the car keys and live happily in 46 Peart Street, Leongatha."
Below are some similar properties in the area you may be interested in.
0.8%
65.6%
$593K
3.6%
$100,000
+
17.5%
15.1%
35.8%
6.0%
Asking Price
$440,000
Estimated Purchase Price
$475,000
Stamp Duty
$23,570
Transfer Fee
$1,217
Conveyancing
$1,196
Deposit (10%)
$47,500
Reg. Mortgage
$129
LMI Premium
$10,500
Renovation Costs
-
Total Cash/Equity Required
$84,662
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$83,200
$118,420
Property Management
+7.7% PA
$6,406
$9,118
Rates
+3.0% PA
$2,014
$2,628
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
$71,515
$102,413
Interest Repayments
$28,215
$28,215
Net Cashflow Before Tax
$43,300
$74,198
Depreciation
-
-
Tax Offset
$12,990
$22,260
Net Cashflow After Tax
$30,310
$51,939
Assumptions
Year 1
Year 10
Property Value
6.8%
$614,100
$1,110,147
Loan Balance
I.O
$427,500
$427,500
$186,600
$682,647
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 20.0%
Health Care and Social Assistance - 11.0%
Retail Trade - 9.0%
Manufacturing - 8.0%
Others - 52.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price