$520K
$92,962
"The quiet coastal life is calling with this lovely and comfortable 3bedroom home on a huge 1345m2 private block that is located only a short stroll to the pristine Ninety Mile Beach. The well presented residence enjoys 3 generous sized robed bedrooms, a spacious open plan living area featuring a loungedining room with split system air conditioner and Canterbury Classic freestanding wood heater plus a fantastic kitchen with electric stove and breakfast bar. There is a central bathroom, a roomy laundry with separate toilet suite plus stunning light fittings and quality window furnishings throughout adding to that touch of privacy. Outside the property is just gorgeous with the north facing verandah perfect for the morning cuppa or afternoon wine, timber deck for entertaining and relaxing, great 6.5m x 4.6m garageworkshop, the handy sea shanty storage shed, 2 water tanks, beautifully established native trees and gardens and all within a very private and secure huge parcel of land. If you are looking for that beach hideaway with no stress and endless Summers then make sure you check out 35 Maffra Street The Honeysuckles This property is selling FULLY FURNISHED"
Below are some similar properties in the area you may be interested in.
-
87.4%
$520K
4%
-$145,000
-$15,414
3.2%
2.1%
-14.6%
6.0%
Asking Price
$570,000
Estimated Purchase Price
$570,000
Stamp Duty
$29,270
Transfer Fee
$1,440
Conveyancing
$1,196
Deposit (10%)
$57,000
Reg. Mortgage
$129
LMI Premium
$16,253
Renovation Costs
-
Total Cash/Equity Required
$105,837
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
$33,858
$33,858
Net Cashflow Before Tax
-$22,019
-$16,420
Depreciation
-
-
Tax Offset
-$6,606
-$4,926
Net Cashflow After Tax
-$15,414
-$11,494
Assumptions
Year 1
Year 10
Property Value
6.8%
$453,900
$820,543
Loan Balance
I.O
$513,000
$513,000
-$59,100
$307,543
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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