$615K
$96,651
"Why build its here for you now in a court location on a 1000m2 block in one of Victorias fastest growing towns Large master with his her robes plus 3 more sizeable bedrooms Quality new kitchen with stone benches, high end appliances plumbing for the fridge Second livingsunroom area is a flexible space for multipurpose use Great storage throughout its entirety with space for everyone All bases covered with central heating, split system, fire place ceiling fans North facing yard outdoor entertainment area Luxury vinyl flooring, day night blinds sensor lights in the hall way 8m x 7m shed with pot belly fully powered power with double garage Annex off the shed with 3 x additional garden sheds Huge 100m2 block with side access and in a court location, Jorjesen Demetrios 0488 058 020 Peter Demetrios 0488 749 757 Stockdale Leggo Latrobe Valley We see more than property"
Below are some similar properties in the area you may be interested in.
-
88.4%
-
-
-$190,000
+
14.5%
12.5%
24.7%
6.0%
Asking Price
$655,000
Estimated Purchase Price
$575,000
Stamp Duty
$29,570
Transfer Fee
$1,451
Conveyancing
$1,196
Deposit (10%)
$57,500
Reg. Mortgage
$129
LMI Premium
$16,395
Renovation Costs
-
Total Cash/Equity Required
$106,791
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$83,200
$118,420
Property Management
+7.7% PA
$6,406
$9,118
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
$71,834
$102,830
Interest Repayments
$34,155
$34,155
Net Cashflow Before Tax
$37,679
$68,675
Depreciation
-
-
Tax Offset
$11,304
$20,602
Net Cashflow After Tax
$26,375
$48,072
Assumptions
Year 1
Year 10
Property Value
6.8%
$411,180
$743,316
Loan Balance
I.O
$517,500
$517,500
-$106,320
$225,816
Did you know you need to engage a conveyancer when buying a property?
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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 Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price