$789K
$148,779
"Discover the perfect family retreat at 15 Carissa Mews, Bell Park This stunning threebedroom home offers a serene lifestyle with a master suite featuring a walkin robe and ensuite, while the other two bedrooms include builtin robes and are serviced by a central bathroom. The heart of the home is a wellappointed kitchen with a gas cooktop, electric oven, and stainlesssteel dishwasher, seamlessly connecting to the formal dining and sunlit lounge. Step outside to a spacious alfresco area, ideal for entertaining, overlooking a backyard complete with a water tank, veggie patch, and studioworkshop. With a double car garage, ducted heating, split system cooling, and a quiet location next to a reserve, this home promises comfort and tranquility yearroundperfect for families Nestled in the highly soughtafter prestigious Bell Park neighbourhood, this home enjoys proximity to Bell Park Shopping Centre, Kardinia College, and Rollins Road Primary School. With effortless access to the Geelong Ring Road, commuting becomes a breeze, making this the ultimate family abode for those seeking both comfort and convenience. Generously situated on 755m2 Kitchen equipped with gas cooktop, electric oven and stainlesssteel dishwasher A short drive to North Geelong Train Station and Geelong CBD Spacious kitchenlivingdining zone with an abundance of natural light Remote double car lockup garage featuring access to alfresco area Generous master bedroom featuring ensuite and walkin robe Two additional bedrooms with builtin robes serviced by the main bathroom Ducted heating and split system cooling for year round comfort"
Below are some similar properties in the area you may be interested in.
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86.7%
$810K
4.2%
-$155,000
-$22,017
2.8%
2.0%
-14.8%
6.0%
Asking Price
$789,000
Estimated Purchase Price
$795,000
Stamp Duty
$42,770
Transfer Fee
$1,966
Conveyancing
$1,196
Deposit (10%)
$79,500
Reg. Mortgage
$129
LMI Premium
$22,668
Renovation Costs
-
Total Cash/Equity Required
$148,779
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$22,360
$31,825
Property Management
+7.7% PA
$1,722
$2,451
Rates
+3.0% PA
$1,603
$2,092
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
$15,770
$23,023
Interest Repayments
$47,223
$47,223
Net Cashflow Before Tax
-$31,453
-$24,200
Depreciation
-
-
Tax Offset
-$9,436
-$7,260
Net Cashflow After Tax
-$22,017
-$16,940
Assumptions
Year 1
Year 10
Property Value
6.8%
$683,520
$1,235,642
Loan Balance
I.O
$715,500
$715,500
-$31,980
$520,142
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2021 Population
Suburbs
Health Care and Social Assistance - 17.0%
Retail Trade - 14.0%
Education and Training - 11.0%
Accommodation and Food Services - 8.0%
Others - 50.0%
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