$1.29M
$219,848
"The lovely town of Lancefield, situated approximately one hour out of Melbourne, has loads to offer, cafs, bakery, The Corner Shop, parks and some of the best Autumn foliage colours in Victoria. This is the place to be and certainly the place to buy a lovely family home on a very neat parcel of land, just shy of four acres 1.5 Ha. Upon entry, via the automatic gate, you will appreciate the pristine presentation here, established gardens surrounding the classic Sandstone abode. A quality steel frame build with high ceilings, decorative cornices and architraves, ceiling roses and ornate detailed arches upon entry. Boasting three generous living areas, study, two full size bedrooms with built in robes and the big master with full ensuite and walk in robe. The wellappointed kitchen and hub of the home, has a big walkin pantry, 900 mm wall oven with microwave cavity above, cooktop, beautiful timber cabinetry and great bench space. Adjacent is the meals area that enjoys views to the outdoors. The main bathroom is a good size with bath and corner shower and the laundry has built in cabinetry for extra storage. Maintaining a comfortable temperature yearround, there are ceiling fans, split system and wood heater, ducted throughout, and six solar panels to assist. The aspect of this home with verandahs front and rear, further enhance the effectiveness of the heating and cooling. In addition to the double car garage there is a large shed, 18 m x 9 m approx, powered and concreted, to accommodate those extra vehicles or toys that you may have This property is complete with dog enclosure and a pretty dam with pontoon keeping the birdlife happy and in abundance. Do not miss this opportunity, inspect to buy, contact Gail now on 0417 012 041 or email me at gailkhessrealestate.com.au Situated about one hour from Melbourne. Sandstone home steel frame Three bedrooms plus study Wellappointed kitchen Established garden 18 m x 9 m second garage"
Below are some similar properties in the area you may be interested in.
-
94.2%
-
-
-$90,000
-$31,218
2.8%
2.2%
-13.8%
6.0%
Asking Price
$1,285,000
Estimated Purchase Price
$1,190,000
Stamp Duty
$65,450
Transfer Fee
$2,890
Conveyancing
$1,196
Deposit (10%)
$119,000
Reg. Mortgage
$129
LMI Premium
$37,236
Renovation Costs
-
Total Cash/Equity Required
$226,450
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,800
$48,108
Property Management
+7.7% PA
$2,603
$3,704
Rates
+3.0% PA
$1,843
$2,405
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
$26,089
$37,739
Interest Repayments
$70,686
$70,686
Net Cashflow Before Tax
-$44,597
-$32,947
Depreciation
-
-
Tax Offset
-$13,379
-$9,884
Net Cashflow After Tax
-$31,218
-$23,063
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,174,800
$2,123,759
Loan Balance
I.O
$1,071,000
$1,071,000
$103,800
$1,052,759
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 - 12.0%
Retail Trade - 11.0%
Education and Training - 11.0%
Construction - 9.0%
Others - 57.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price