$980K
$207,349
"Architecturally designed, in a prime location and quality custombuilt home with an abundance of family living space, this property is an opportunity for large or growing families not often found Offering low maintenance living for a busy family, family friendly neighborhood and a beautiful contemporary home with all the bells and whistles The property features 4 spacious bedrooms including master bedroom with walk in robe and ensuite with dual vanity, 2 remaining bedrooms upstairs with walk in robes 3 family sized living areas Generously sized home office with built in shelf, suitable as 5th bedroom as well Modern open plan living with substantial kitchen, dining and living area opening up to an enclosed entertaining area with an oversized 2.2 x 4m approx. spa. Kitchen features island with Caesar stone bench top, waterfall edge and extended edge for additional seating, 900mm Ilve free standing oven and 5 gas burner stove top, Fisher Paykel dishwasher, glass window backsplash and walk in pantry with fridge space Main bathroom upstairs with powder room on main level Central ducted heating and refrigerated cooling Ample storage closets throughout home, laundry with external access and storage Stunning central courtyard perfect for indooroutdoor living with access to low maintenance yard Large water tank with pump attached which services toilets Double car garage with built in storage shelves Block size 440sqm approx. and rental appraisal 630650 per week approx. Within close proximity to a plethora of amenities such as multiple schools, including the prestigious Kardinia International College Rollins Primary School within walking distance, the Geelong Ring Road, Myers Reserve where youll find multiple sports clubs, Bell Park Plaza, Bell Post Hill Shopping Centre."
Location, 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
Health Care and Social Assistance - 17.0%
Retail Trade - 14.0%
Education and Training - 11.0%
Accommodation and Food Services - 8.0%
Others - 50.0%
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
Below are some similar properties in the area you may be interested in.
-
92%
$1.01M
5%
-$420,000
-$36,937
2.0%
1.4%
-16.6%
6.0%
Asking Price
$1,040,000
Estimated Purchase Price
$1,170,000
Stamp Duty
$64,350
Transfer Fee
$2,844
Conveyancing
$1,196
Deposit (10%)
$117,000
Reg. Mortgage
$129
LMI Premium
$36,610
Renovation Costs
-
Total Cash/Equity Required
$222,678
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
Rates
+3.0% PA
$1,603
$2,092
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
$16,730
$24,389
Interest Repayments
$69,498
$69,498
Net Cashflow Before Tax
-$52,768
-$45,109
Depreciation
-
-
Tax Offset
-$15,830
-$13,533
Net Cashflow After Tax
-$36,937
-$31,576
Assumptions
Year 1
Year 10
Property Value
6.8%
$801,000
$1,448,017
Loan Balance
I.O
$1,053,000
$1,053,000
-$252,000
$395,017
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