$635K
$105,837
"Escape to serenity with this beautiful home nestled in a peaceful neighbourhood. Featuring 3 bedrooms plus a study, dual living spaces, and an openplan kitchen, this property offers comfort and convenience for the whole family. Two separate living areas offer flexibility for family gatherings, entertaining, or a quiet night in. The heart of the home includes a modern kitchen with a gas stove, electrical oven, and dishwasher, making meal preparation a breeze. The master bedroom boasts a private ensuite for added convenience and luxury. Stay comfortable yearround with gas central heating and evaporative cooling. Step outside to a fully fenced yard, perfect for kids and pets to play safely. The pergola provides a great space for outdoor dining and relaxation. Situated on a generous 808m block, theres plenty of room for outdoor activities. The property includes a remotecontrolled double garage with additional garden shed storage. This home is designed for family living, with thoughtful touches throughout to make everyday life easier and more enjoyable. Dont miss the opportunity to make this stunning property your own."
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89.9%
$775K
3.3%
$40,000
-$13,813
3.7%
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Asking Price
$635,000
Estimated Purchase Price
$585,000
Stamp Duty
$30,170
Transfer Fee
$1,475
Conveyancing
$1,196
Deposit (10%)
$58,500
Reg. Mortgage
$129
LMI Premium
$16,681
Renovation Costs
-
Total Cash/Equity Required
$108,700
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
$1,877
$2,449
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
$15,016
$21,982
Interest Repayments
$34,749
$34,749
Net Cashflow Before Tax
-$19,733
-$12,767
Depreciation
-
-
Tax Offset
-$5,920
-$3,830
Net Cashflow After Tax
-$13,813
-$8,937
Assumptions
Year 1
Year 10
Property Value
6.8%
$667,500
$1,206,681
Loan Balance
I.O
$526,500
$526,500
$141,000
$680,181
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Health Care and Social Assistance - 19.0%
Retail Trade - 12.0%
Education and Training - 11.0%
Manufacturing - 9.0%
Others - 49.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price