$575K
$118,242
"A stunning near new 4 bedroom home with all the modern conveniences that you expect form a quality built GJ Gardner Home. Built in 2022 this home is beautifully positioned on a 1000m2 elevated block with sweeping views of the Merbein Common, in a great new subdivision walking distance to Merbein shops schools. 4 spacious bedrooms with BIRs, master with WIR ensuite, media room, plus play room and a huge kitchendining family room. The kitchen boasts an impressive butlers pantry, great island bench with induction cooktop dishwasher. Reverse cycle heating cooling, solar, great colour scheme and quality fittings throughout the home. Step outside to an entertaining area and backyard with side access and plenty of room for a shed pool This home has it all"
Below are some similar properties in the area you may be interested in.
-
72.9%
$260K
10%
-$280,000
-$16,763
3.2%
2.1%
-14.5%
6.0%
Asking Price
$575,000
Estimated Purchase Price
$620,000
Stamp Duty
$32,270
Transfer Fee
$1,557
Conveyancing
$1,196
Deposit (10%)
$62,000
Reg. Mortgage
$129
LMI Premium
$17,679
Renovation Costs
-
Total Cash/Equity Required
$115,379
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$19,760
$28,125
Property Management
+7.7% PA
$1,522
$2,166
Rates
+3.0% PA
$2,093
$2,731
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
$12,880
$18,968
Interest Repayments
$36,828
$36,828
Net Cashflow Before Tax
-$23,948
-$17,860
Depreciation
-
-
Tax Offset
-$7,184
-$5,358
Net Cashflow After Tax
-$16,763
-$12,502
Assumptions
Year 1
Year 10
Property Value
6.8%
$363,120
$656,435
Loan Balance
I.O
$558,000
$558,000
-$194,880
$98,435
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 - 14.0%
Retail Trade - 13.0%
Agriculture, Forestry and Fishing - 10.0%
Education and Training - 9.0%
Others - 54.0%
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