$1.18M
$250,972
"Privately positioned on a superb 2 acre elevated block 8000m2 in Longford is this outstanding family residence that is certain to satisfy every member of the family. Everything about this property says space. Natural sunlight filters throughout the home and 3 expansive living areas highlight just how good this floorplan is. A huge living room is situated away from the rumpus room with the kitchen and family room in between. All of these areas provide the separation all families require. The timber kitchen is the central hub to all that goes on and is a pleasure to work in. All 4 bedrooms are of a generous size all have split system air conditioning with the master having a spacious ensuite and walk in robe. The family bathroom is located between two of the bedrooms making it ideal for the children or guests. Heating is by way of split system air conditioning and an oversize, quality wood heater. Direct access to the home is conveniently provided via the large double garage and presentation is first class. Step outside to a beautifully established setting. A long private driveway leads to the home and the massive 21m x 6.7m garageworkshop with an abundance of storage areas and high pitched clearance. Sit down and relax in the alfresco area and enjoy the benefits of the well established orchard and the peaceful lifestyle everyone will envy."
Below are some similar properties in the area you may be interested in.
-
95.4%
-
-
-$700,000
-$44,247
1.6%
1.1%
-17.6%
6.0%
Asking Price
$1,175,000
Estimated Purchase Price
$1,320,000
Stamp Duty
$72,600
Transfer Fee
$3,195
Conveyancing
$1,196
Deposit (10%)
$132,000
Reg. Mortgage
$129
LMI Premium
$41,303
Renovation Costs
-
Total Cash/Equity Required
$250,972
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
$78,408
$78,408
Net Cashflow Before Tax
-$63,210
-$56,188
Depreciation
-
-
Tax Offset
-$18,963
-$16,856
Net Cashflow After Tax
-$44,247
-$39,332
Assumptions
Year 1
Year 10
Property Value
6.8%
$662,160
$1,197,028
Loan Balance
I.O
$1,188,000
$1,188,000
-$525,840
$9,028
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