$895K
$146,870
"Perfect for families and those who love to entertain, this spacious and stylish four bedroom, two bathroom home on 1,000m2 approx. is enviably located in a quiet court within the soughtafter Baringo Precinct. Embracing an atmosphere of relaxed sophistication, the home delivers multiple indoor and outdoor entertaining areas, with a generous livingdining room placed to the front of the home. Geared for entertaining, open concept living areas surround an expansive kitchen featuring a glass splashback, large pantry, Miele oven, and stainless steel dishwasher, with adjoining meals and family areas continuing the spacious easyflowing layout to a covered outdoor entertaining area ideal for hosting large gatherings. Perfectly planted with established perimeter beds that afford excellent privacy, the rear yard is a haven of peace and quiet and includes a fire pit area for winter sojourns. Accommodation is equally impressive with four beautifully appointed bedrooms including a stunning master bedroom suite with a walkin robe, ensuite, and private courtyard access. Meanwhile, a studyhome office placed to the front of the home offers excellent workfromhome utility. Parking is never a problem, with an integrated double garage with rear roller, plus a gated side driveway to the rear yard allowing for caravanboat parking, and a large 2nd garageshed with painted concrete flooring, LED lights, and storage area. Impeccably presented, this exceptional family home also includes reverse cycle air conditioning, builtin robes, and an internal laundry. Walking distance to New Gisborne Primary School, Early Learning Centre, Baringo eateries, and the train station, its also close to Gisborne township shops, cafs, and amenities, with quick Calder Freeway access."
Below are some similar properties in the area you may be interested in.
-
91.1%
$850K
3.5%
-$20,000
-$23,141
3.5%
2.7%
-12.1%
6.0%
Asking Price
$1,100,000
Estimated Purchase Price
$1,020,000
Stamp Duty
$56,100
Transfer Fee
$2,493
Conveyancing
$1,196
Deposit (10%)
$102,000
Reg. Mortgage
$129
LMI Premium
$29,084
Renovation Costs
-
Total Cash/Equity Required
$191,551
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$35,360
$50,328
Property Management
+7.7% PA
$2,723
$3,875
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
$27,529
$39,788
Interest Repayments
$60,588
$60,588
Net Cashflow Before Tax
-$33,059
-$20,800
Depreciation
-
-
Tax Offset
-$9,918
-$6,240
Net Cashflow After Tax
-$23,141
-$14,560
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,068,000
$1,930,690
Loan Balance
I.O
$918,000
$918,000
$150,000
$1,012,690
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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 Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price