$780K
$146,870
"Ideally located in the sought after and tightly held Canadian Lakes is this simply breathtaking home offering prime, northfacing waterfront and parkland views. The property offers two spacious levels of complete luxury living. Upstairs is the heart of the home where the expansive, openplan kitchen, meals and living room effortlessly take in the sweeping lake views from the floor to ceiling windows. The master bedroom suite is spacious and offers a large walk in robe and full ensuite with separate shower and spa bath. The delightful balcony is ideal for entertaining or morning breakfast and is accessed via the main living room and master bedroom. Downstairs features a second living space, two generously sized bedrooms with built in robes, a central bathroom, laundry and a double lock up garage with direct internal access and remote rollerdoor. The rear yard is generously sized with low maintenance, private gardens. This home is the complete package so be sure to inspect"
Below are some similar properties in the area you may be interested in.
-
74.5%
$585K
3.7%
-$35,000
-$20,113
3.2%
2.3%
-13.7%
6.0%
Asking Price
$780,000
Estimated Purchase Price
$785,000
Stamp Duty
$42,170
Transfer Fee
$1,943
Conveyancing
$1,196
Deposit (10%)
$78,500
Reg. Mortgage
$129
LMI Premium
$22,383
Renovation Costs
-
Total Cash/Equity Required
$146,870
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$24,960
$35,526
Property Management
+7.7% PA
$1,922
$2,735
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
$17,896
$26,081
Interest Repayments
$46,629
$46,629
Net Cashflow Before Tax
-$28,733
-$20,548
Depreciation
-
-
Tax Offset
-$8,620
-$6,164
Net Cashflow After Tax
-$20,113
-$14,383
Assumptions
Year 1
Year 10
Property Value
6.8%
$801,000
$1,448,017
Loan Balance
I.O
$706,500
$706,500
$94,500
$741,517
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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