$835K
$152,596
"Dual family living at its finest whether for parents, grandparents, teens or older children wanting separate accommodation, nestled in a peaceful pocket close to the Aqueduct Warburton Trail and just a short stroll from shops, cafes and IGA supermarket and just a short car trip to schools, sporting clubs and Lilydale and Mooroolbark stations. Nestled in lovely cottage gardens, discover two homes including two bedroom cottage charmer with beautifully updated kitchen and bathroom. The second home DPU will also impressno poky bungalow here, instead youll find an expansive two bedroom house with own outdoor living space. Sheltered beneath a gorgeous deciduous tree offering summer shade and warming sun in the winter months, relax on the porch and enjoy the outlook to the front garden. The home has been beautifully renovated retaining all the charm you would hope for with the appeal of modern kitchen and bathroom. Decorative tile adorns the focal point fireplace in the living room, while a step up reveals a stunning soaring ceiling above floating flooring and chic kitchendining area. Two robed bedrooms are served by large combined bathroomlaundry and separate toilet along with ceiling fans and split system heaterair conditioner. Equally charming, the second home features huge combined living, dining and full kitchen. Generous storage and bench space overlooks the adjacent living area and garden beyond. Two bedrooms are well sized and feature built in robes. The home also offers bathroomlaundry and separate toilet with ceiling fans throughout and split system heaterair conditioner. Visiting birdlife and enchanting cottage style garden surrounds can be enjoyed from large covered outdoor living spaces adding superb indooroutdoor living and entertaining to both homes. Further comforts include two garden sheds and double carport with plenty of offstreet parking."
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
Retail Trade - 12.0%
Education and Training - 12.0%
Manufacturing - 10.0%
Health Care and Social Assistance - 10.0%
Others - 56.0%
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.
-
82.8%
$779K
3%
$30,000
-$19,238
3.5%
2.6%
-12.5%
6.0%
Asking Price
$835,000
Estimated Purchase Price
$820,000
Stamp Duty
$44,270
Transfer Fee
$2,025
Conveyancing
$1,196
Deposit (10%)
$82,000
Reg. Mortgage
$129
LMI Premium
$23,381
Renovation Costs
-
Total Cash/Equity Required
$153,550
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
Rates
+3.0% PA
$1,907
$2,488
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
$21,226
$30,824
Interest Repayments
$48,708
$48,708
Net Cashflow Before Tax
-$27,482
-$17,884
Depreciation
-
-
Tax Offset
-$8,245
-$5,365
Net Cashflow After Tax
-$19,238
-$12,519
Assumptions
Year 1
Year 10
Property Value
6.8%
$907,800
$1,641,086
Loan Balance
I.O
$738,000
$738,000
$169,800
$903,086
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