$889K
$179,315
"Exceptionally well designed this alluring family residence provides a picturesque profile offering an exceptional lifestyle with fantastic views towards the Grampians. An elegant entry, multiple formal and informal living spaces with a highly functional updated kitchen that includes quality appliances overlooking the mealsdiningliving zones to create a comfortable convenience. All four generously sized bedrooms offer a combination of WIRs BIRs whilst the luxurious master bedroom boasts an updated ensuite and large walk in robe. Throughout the home, youll find quality craftsmanship showcasing 9ft ceilings, quality carpets and highquality window furnishings enhancing comfort and luxury. Organisation will never be an issue with the large linen closet and many other storage spaces throughout plus a goodsized laundry. Outside the home offers a large 1612m2approx. allotment with zones to entertain or relax, the beautifully proportioned entertaining deck encapsulates the West views overlooks the recently installed swim spa perfect for the family to enjoy all year round. Car accommodation is taken care of with an oversized double garage with remote doors direct access to the house, at the rear of the property is the tradesmans shed perfect for the boat or workshop which has the convenience of side access off Little Rickard Street. An added inclusion is the recently installed solar to keep costs down, the very low maintenance garden also features a dedicated area for fruit trees as well as raised garden beds. So much on offer the amazing property needs to be inspected, call the listing agent today."
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82.4%
$375K
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-$65,000
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Asking Price
$889,000
Estimated Purchase Price
$940,000
Stamp Duty
$51,470
Transfer Fee
$2,305
Conveyancing
$1,196
Deposit (10%)
$94,000
Reg. Mortgage
$129
LMI Premium
$26,803
Renovation Costs
-
Total Cash/Equity Required
$176,453
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
$1,608
$2,098
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
$14,325
$20,967
Interest Repayments
$55,836
$55,836
Net Cashflow Before Tax
-$41,511
-$34,869
Depreciation
-
-
Tax Offset
-$12,453
-$10,461
Net Cashflow After Tax
-$29,057
-$24,408
Assumptions
Year 1
Year 10
Property Value
6.8%
$934,500
$1,689,354
Loan Balance
I.O
$846,000
$846,000
$88,500
$843,354
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Health Care and Social Assistance - 17.0%
Agriculture, Forestry and Fishing - 13.0%
Manufacturing - 12.0%
Retail Trade - 10.0%
Others - 48.0%
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