$725K
$146,870
"Discover modern living in this beautifully presented home, designed with a sleek, contemporary style. Each room blends functionality with refined design. Key Features Cozy Lounge Features a wood heater and opens to the alfresco area. StudyOffice Ideal for working from home. Modern Kitchen Equipped with appliances, an island bench, walkin pantry, dishwasher, and dual electric ovens. Second Lounge French doors open to the alfresco area. Flexible Space Can be used as a gym or other possibilities, also with French doors. Convenient Amenities Powder room and spacious laundry with ample storage. Upstairs Bedrooms Four spacious rooms with builtin robes. Master Suite Includes a walkthrough robe and ensuite. Modern Bathrooms Separate bath and shower rooms with contemporary fixtures. Additional Highlights Garages Double garage, one side with drive through rear lane single garage door access Outdoor Spaces Lowmaintenance gardens, pool, water tank, solar panels, and paved areas. Refined Touches Caesar stone benchtops, European appliances, and glass splashbacks. Flexible Living Five large bedrooms with options for a retreat or theater room. Energy Efficiency Solar panels reduce energy costs. Prime Location Walk to schools, cafes, restaurants, and medical facilities. Step into this inviting property and enjoy the best of contemporary living. This is a home you will be proud to call your own. Contact Bianca to arrange an inspection"
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1.2%
82.6%
$408K
4.8%
-$220,000
-$20,962
2.9%
2.0%
-14.8%
6.0%
Asking Price
$725,000
Estimated Purchase Price
$760,000
Stamp Duty
$40,670
Transfer Fee
$1,884
Conveyancing
$1,196
Deposit (10%)
$76,000
Reg. Mortgage
$129
LMI Premium
$21,670
Renovation Costs
-
Total Cash/Equity Required
$142,099
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$21,840
$31,085
Property Management
+7.7% PA
$1,682
$2,394
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
$15,198
$22,220
Interest Repayments
$45,144
$45,144
Net Cashflow Before Tax
-$29,946
-$22,924
Depreciation
-
-
Tax Offset
-$8,984
-$6,877
Net Cashflow After Tax
-$20,962
-$16,047
Assumptions
Year 1
Year 10
Property Value
6.8%
$576,720
$1,042,573
Loan Balance
I.O
$684,000
$684,000
-$107,280
$358,573
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewLocation, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
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