Withheld
$184,117
"Focused on family success, this spacious and inviting fourbedroom, twobathroom brick veneer retreat offers an abundance of space and wonderful convenience. Nestled in a leafy street in an enviable elevated position, this delightful home rests on a substantial 790 sq m garden block, within walking distance of shops, schools and parkland. Stepping inside, discover the formal entryway, flowing effortlessly to the expansive living and dining zone, complemented by stylish floorboards and lush treetop views. Centrally positioned, the family and meals domain are highlighted by a Coonara woodfire heater for winter ambience, with the adjoined wellappointed kitchen certain to please, flaunting breakfast bar, Bosch oven and dishwasher. Sliding doors reveal a huge northfacing entertainers alfresco, covered for yearround use, overlooking the large, grassy backyard framed by easycare gardens. Generous in size, the main bedroom includes walkin robe and modern ensuite, while three further bedrooms two with builtin robes share the luxe renovated bathroom boasting deep bathtub, shower, stone vanity and separate toilet. Additional valueadd inclusions of ducted heating, air conditioning, laundry with deck access and lowerlevel remote double garage, workshop and storage enhance the appeal, all just a short walk to Canterbury Gardens Shopping Centre and Bayswater North Primary. Spacious fourbedroom, twobathroom brick family home Elevated position on a substantial 790 sq m approx. block Lightfilled living upon entry highlighted by lush treetop views Separate central familymeals zone with Coonara woodfire Main bedroom flaunts walkin robe modern ensuite Huge northfacing covered alfresco entertainers deck Ducted heating cooling for allseasons comfort Lowerlevel remote double garage with workshop storage Disclaimer While all care has been taken by Fletchers Maroondah and its third party providers to ensure all information above is true and correct, Fletchers Maroondah and its third party providers are not responsible for, and expressly disclaim all liability for, damages of any kind arising out of the use, reference to, or reliance on any information contained within the above property description. Prospective purchasers are advised to make their own enquiries with respect to the information that is passed on. Fletchers Maroondah will not be liable for any loss resulting from any action or decision by you in reliance on the information."
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83.6%
$860K
3.3%
-$15,000
-$26,276
2.6%
1.8%
-15.3%
6.0%
Asking Price
$850,000
Estimated Purchase Price
$915,000
Stamp Duty
$49,970
Transfer Fee
$2,247
Conveyancing
$1,196
Deposit (10%)
$91,500
Reg. Mortgage
$129
LMI Premium
$26,090
Renovation Costs
-
Total Cash/Equity Required
$171,681
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
Rates
+3.0% PA
$1,520
$1,983
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
$16,813
$24,498
Interest Repayments
$54,351
$54,351
Net Cashflow Before Tax
-$37,538
-$29,853
Depreciation
-
-
Tax Offset
-$11,261
-$8,956
Net Cashflow After Tax
-$26,276
-$20,897
Assumptions
Year 1
Year 10
Property Value
6.8%
$961,200
$1,737,621
Loan Balance
I.O
$823,500
$823,500
$137,700
$914,121
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Retail Trade - 15.0%
Health Care and Social Assistance - 15.0%
Manufacturing - 14.0%
Construction - 9.0%
Others - 47.0%
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