$898K
$189,693
"They dont come around very often but when they do they have an instant impact. This superbly renovated residence in Longford is nestled in the most picturesque 3.96 acre setting imaginable yet is within easy walking distance of the Longford store. It feels as if you are living in a park with all windows benefiting from the picturesque views. So much has been done over the past few years with the stunning kitchen and family bathroom some of the major highlights. There are 4 bedrooms with the master having a walk in robe and oversize ensuite that boasts a deep soaking spa bath. 2 separate living areas are ideal for the family as are the endless benefits that are on offer here striking plank flooring ducted central heating ducted cooling updated window furnishings updated paintwork custom built laundry fully lined bungalow perfect for the teenager or rumpus room a 14m x 9m powered workshop with high clearance and remote doors 7m x 7m machinery shed solar panels a bore for the garden plentiful water supply beautifully established grounds and the knowledge that this home has been meticulously updated for you to move in and enjoy all the hard work that has been done."
Below are some similar properties in the area you may be interested in.
-
95.4%
-
-
-$395,000
-$30,685
2.3%
1.6%
-16.2%
6.0%
Asking Price
$898,000
Estimated Purchase Price
$1,010,000
Stamp Duty
$55,550
Transfer Fee
$2,469
Conveyancing
$1,196
Deposit (10%)
$101,000
Reg. Mortgage
$129
LMI Premium
$28,799
Renovation Costs
-
Total Cash/Equity Required
$189,693
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$22,880
$32,565
Property Management
+7.7% PA
$1,762
$2,508
Rates
+3.0% PA
$1,695
$2,212
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
$16,158
$23,586
Interest Repayments
$59,994
$59,994
Net Cashflow Before Tax
-$43,836
-$36,408
Depreciation
-
-
Tax Offset
-$13,151
-$10,922
Net Cashflow After Tax
-$30,685
-$25,485
Assumptions
Year 1
Year 10
Property Value
6.8%
$656,820
$1,187,374
Loan Balance
I.O
$909,000
$909,000
-$252,180
$278,374
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 14.0%
Health Care and Social Assistance - 12.0%
Retail Trade - 10.0%
Construction - 10.0%
Others - 54.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price