$790K
$136,373
"Nestled in the heart of Caroline Springs, this beautifully appointed home is perfectly situated within walking distance to a range of amenities, including shops, medical centre, schools, public transport, and parks. Property Features Prime Orientation Facing North, this residence is bathed in natural light, creating a warm and inviting atmosphere throughout. Spacious Living Areas Enjoy two wellsized living areas, perfect for family gatherings or quiet evenings. Modern Kitchen The centralized kitchen is equipped with stainless steel appliances, including a dishwasher, ensuring convenience for everyday cooking. Comfortable Bedrooms All bedrooms feature wooden floors and two with builtin robes, while the master bedroom stands out with a generous walkin robe and an ensuite with a double vanity. Climate Control Stay comfortable yearround with evaporative cooling and ducted heating. Expansive Outdoor Space The huge resortstyle backyard boasts multiple covered and open entertaining areas, ideal for family barbecues or relaxing weekends. Additional Features A shed provides extra storage, and a large rainwater storage tank adds to the propertys ecofriendliness, Balcony, CellarStorage, Separate Laundry. Secure Parking The double lockup garage offers direct access to the covered entertainment area, making it easy to transition from indoor to outdoor living. This home is perfect for growing families seeking a lifestyle of convenience and comfort. Dont miss the chance to make this beautiful property your own Inspection is a must. Call Vikas on 0401 399 635 to organize an inspection today DISCLAIMER All stated dimensions are approximate only. Particulars given are for general Information only and do not constitute any representation on the part of the vendor or agent. Please see the below link for an uptodate copy of the Due Diligence Checklist httpwww.consumer.vic.gov.auduediligencechecklist"
-
72.6%
$648K
3.9%
-
-$18,037
3.4%
2.5%
-13.0%
6.0%
Asking Price
-
Estimated Purchase Price
$740,000
Stamp Duty
$39,470
Transfer Fee
$1,837
Conveyancing
$1,196
Deposit (10%)
$74,000
Reg. Mortgage
$129
LMI Premium
$21,100
Renovation Costs
-
Total Cash/Equity Required
$138,282
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$24,960
$35,526
Property Management
+7.7% PA
$1,922
$2,735
Rates
+3.0% PA
$1,584
$2,067
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
$18,189
$26,464
Interest Repayments
$43,956
$43,956
Net Cashflow Before Tax
-$25,767
-$17,492
Depreciation
-
-
Tax Offset
-$7,730
-$5,248
Net Cashflow After Tax
-$18,037
-$12,245
Assumptions
Year 1
Year 10
Property Value
6.8%
$790,320
$1,428,711
Loan Balance
I.O
$666,000
$666,000
$124,320
$762,711
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2021 Population
Suburbs
Retail Trade - 14.0%
Education and Training - 14.0%
Construction - 11.0%
Health Care and Social Assistance - 10.0%
Others - 51.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price