$1.78M
$377,140
"Masterfully designed crafted for exceptional family or executive living and entertaining, this superbly appointed freestanding luxury home is located in an enviable prime Ashburton location. Introduced by a stunning contemporary faade this architect designed home features superb light filled interiors with north facing indoor outdoor living. A hightech ground floor home office or theatre room, impressively proportioned living and dining domains with outdoor entertainers courtyard garden access, a wellappointed kitchen with walkinpantry and boasting a full complement of Miele appliances. The sizeable upstairs bedrooms include master bedroom with fully tiled ensuite bathroom and walkinwardrobe with fitted timber joinery and private balcony with lush outlook, second bedroom with BIRs and private balcony and third bedroom with BIR. Family bathroom with separate bath and floor to ceiling tiling and a downstairs powder room. This exceptional home is further complemented by quality furnishings, floor to ceiling double glazed windows, high ceilings, Air Touch climate integrated heating and refrigerated cooling throughout, sixstar energy rating, auto watering system, single lock up garage with internal access with EV charging point and more Located in the heart of Ashburton, close to High Street Chadstone Shopping, East Malvern Darling train stations, Solway Primary and Ashwood High Schools, Ashburton Pool Rec Centre, adjacent Watson Park, Gardiners Creek trail easy freeway access."
Below are some similar properties in the area you may be interested in.
2%
76.2%
$2.06M
2.3%
-
-$54,932
2.5%
2.0%
-14.5%
6.0%
Asking Price
-
Estimated Purchase Price
$2,000,000
Stamp Duty
$110,000
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$200,000
Reg. Mortgage
$129
LMI Premium
$62,581
Renovation Costs
-
Total Cash/Equity Required
$378,071
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$49,400
$70,312
Property Management
+7.7% PA
$3,804
$5,414
Rates
+3.0% PA
$2,006
$2,617
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
$40,325
$58,020
Interest Repayments
$118,800
$118,800
Net Cashflow Before Tax
-$78,475
-$60,780
Depreciation
-
-
Tax Offset
-$23,542
-$18,234
Net Cashflow After Tax
-$54,932
-$42,546
Assumptions
Year 1
Year 10
Property Value
6.8%
$2,136,000
$3,861,380
Loan Balance
I.O
$1,800,000
$1,800,000
$336,000
$2,061,380
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewLocation, 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
Education and Training - 15.0%
Health Care and Social Assistance - 15.0%
Professional, Scientific and Technical Services - 14.0%
Retail Trade - 13.0%
Others - 43.0%
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