Withheld
$92,962
"This outstanding solid brick home was built in 2008 by a local builder and is located just a stones throw from the center of Avenel township. It is an imposing building which successfully blends a period look with elements of modern living. The period feel of the house is further evidenced by four covered verandas of varying sizes which surround it on all sides. Inside the house the polished Tasmanian oak floors, leadlight windows and an open fireplace reflect a respect for period integrity which combines easily to provide classic appeal throughout. Beyond the wide entrance hallway, open plan flows easily from the spacious living and dining area to the elegant kitchen and butlers pantry, both with granite benchtops and stainlesssteel appliances. Four bedrooms and a study or office, two tiled bathrooms one with spa and a private laundry complete the picture here. Ducted heating refrigerated cooling throughout the home, with additional reverse cycle unit to the upstairs Rumpus or fourth bedroom. Outside, a 2car brick garage with twin roller doors is located alongside the house and a larger 9m x 17m Approx Galvanized iron shed provides additional room for a further three vehicles and storage on work area. Both buildings have power and concrete floors. Sold by Expression of interest, closing Wednesday 30th October if not sold earlier."
Below are some similar properties in the area you may be interested in.
-
78.9%
$605K
3.9%
$500,000
+
69.3%
46.0%
139.3%
6.0%
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
$20,800
$29,605
Property Management
+7.7% PA
$1,602
$2,280
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
$13,791
$20,270
Interest Repayments
$1,782
$1,782
Net Cashflow Before Tax
$12,009
$18,488
Depreciation
-
-
Tax Offset
$3,603
$5,547
Net Cashflow After Tax
$8,407
$12,942
Assumptions
Year 1
Year 10
Property Value
6.8%
$566,040
$1,023,266
Loan Balance
I.O
$27,000
$27,000
$539,040
$996,266
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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
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