$1.2M
$202,702
"The days will pass and the nights glow views like no other from this Mt Buninyong residence. Magnificently maintained one owner home, that will fill your heart with joy and happiness. The floorplan showcases two living areas, three bedrooms and two bathrooms. Up to the minute kitchen with an abundance of bench and cupboard space will delight. Both bathrooms and laundry showcase modern styling. You wont be disappointed. Love the warmth and ambience of the solid fuel heater and open fire place. Under floor heating is so warm. Split system provides year round climate control. Three bay shed, garage, plus second colorbond garage provides ideal storage and workshop space. All set on 1.007 ha approx 2.49acres, with established gardens, and two paddocks for your family pets."
Below are some similar properties in the area you may be interested in.
-
97.5%
$1.2M
3.9%
$40,000
-$34,634
2.1%
1.5%
-16.6%
6.0%
Asking Price
$1,200,000
Estimated Purchase Price
$1,110,000
Stamp Duty
$61,050
Transfer Fee
$2,703
Conveyancing
$1,196
Deposit (10%)
$111,000
Reg. Mortgage
$129
LMI Premium
$31,650
Renovation Costs
-
Total Cash/Equity Required
$208,278
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
$1,877
$2,449
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
$16,456
$24,032
Interest Repayments
$65,934
$65,934
Net Cashflow Before Tax
-$49,478
-$41,902
Depreciation
-
-
Tax Offset
-$14,843
-$12,571
Net Cashflow After Tax
-$34,634
-$29,332
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,228,200
$2,220,293
Loan Balance
I.O
$999,000
$999,000
$229,200
$1,221,293
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 - 19.0%
Retail Trade - 12.0%
Education and Training - 11.0%
Manufacturing - 9.0%
Others - 49.0%
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