$825K
$134,465
"Imagine Birds chirping, kangaroos hopping, sounds of solitude and a summer breeze gliding over Lake Glenmaggie just a short stroll away Sitting upon approximately 3.96 picturesque acres of land, this rural 3 bedroom, 2 bathroom, 2 living area home offers the perfect blend of comfort, style, and natural beauty Vaulted timber ceilings greet you upon arrival into the family room kitchen and features a cosy log fire as well as air conditioning. Through the windows over the front veranda you can take in a treed vista to the front dam. The kitchen has eye catching timber countertops, a dishwasher, pantry freestanding 900mm cooker walkin pantry A fabulous second living room will be appreciated by those looking for functional, separate living spaces, opening off this area, the main bedroom features a large walkin robe and an ensuite, providing the perfect escape at the end of a long day. Retreat to either of the two other bedrooms, each offering ample space and comfort, complete with builtin robes. The family bathroom has a spa bath and separate shower Adding to the versatility is the addition of a spacious Summer House which would be ideal as a games or hobby room, home office or even a perfect space for your guests to stay. There is also a large, decked area for entertaining or simply taking in the relaxed outlook over your land A garageworkshop with a mezzanine is complemented by adjoining carports, providing ample space for storage and projects, catering to your practical needs For those with a green thumb, established vegetable gardens offer the opportunity to indulge in farmtotable living, while a chook house provides the perfect setting for embracing sustainable practices and enjoying fresh eggs. With solar power and 2 dams adding to the energy efficiency, this property epitomizes the idyllic country lifestyle Just minutes away, the community of Heyfield has a Kindergarten, Primary School, local shopping strip, IGA and is the gateway to the High Country Whether youre seeking a weekend getaway with water sport fishing opportunities close by, or a permanent residence, this property is sure to please Contact Kerrie Ford 0436 179 179"
-
49.5%
$390K
5.9%
-$400,000
-$21,651
2.5%
1.6%
-16.1%
6.0%
Asking Price
$825,000
Estimated Purchase Price
$720,000
Stamp Duty
$38,270
Transfer Fee
$1,791
Conveyancing
$1,196
Deposit (10%)
$72,000
Reg. Mortgage
$129
LMI Premium
$20,530
Renovation Costs
-
Total Cash/Equity Required
$134,465
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$18,200
$25,904
Property Management
+7.7% PA
$1,401
$1,995
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
$11,839
$17,438
Interest Repayments
$42,768
$42,768
Net Cashflow Before Tax
-$30,929
-$25,330
Depreciation
-
-
Tax Offset
-$9,279
-$7,599
Net Cashflow After Tax
-$21,651
-$17,731
Assumptions
Year 1
Year 10
Property Value
6.8%
$341,760
$617,821
Loan Balance
I.O
$648,000
$648,000
-$306,240
-$30,179
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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