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$1.15M
$194,339
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Confidence
Discover this 2008-built solid brick home in Avenel, expertly merging period charm with modern comforts. With four covered verandas, polished Tasmanian oak floors, leadlight windows, and a warm open fireplace, you'll enjoy classic elegance throughout. The open-plan design links a spacious living area, dining room, elegant kitchen, and butler's pantry, featuring granite benchtops and stainless steel appliances. The home includes four bedrooms, a study, two tiled bathrooms, a spa, and a private laundry. Stay comfortable with ducted heating and refrigerated cooling, plus an additional reverse cycle unit upstairs. Outside, find a two-car brick garage and a larger shed for ample storage and workspace. Expressions of interest close on October 30th.
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78.9%
$508K
4.9%
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+
65.9%
Asking Price
$30,000
Estimated Purchase Price
$30,000
Stamp Duty
$470
Transfer Fee
$176
Conveyancing
$1,196
Deposit (10%)
$3,000
Reg. Mortgage
$129
LMI Premium
$513
Renovation Costs
-
Total Cash/Equity Required
$6,033
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$19,760
$28,125
Property Management
+7.7% PA
$1,522
$2,166
Rates
+3.0% PA
$2,142
$2,795
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
$12,831
$18,904
Interest Repayments
$1,782
$1,782
Net Cashflow Before Tax
$11,049
$17,122
Depreciation
-
-
Tax Offset
$3,315
$5,137
Net Cashflow After Tax
$7,735
$11,985
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Year 1
Year 10
Property Value
6.8%
$587,400
$1,061,879
Loan Balance
I.O
$27,000
$27,000
$560,400
$1,034,879
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 25.0%
Manufacturing - 9.0%
Health Care and Social Assistance - 9.0%
Accommodation and Food Services - 8.0%
Others - 49.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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projected
for 2024 to 2026
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEMonthly % Change in Median House Prices (Prev. Quarter)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
