$975K
$165,001
"Nestled in a quiet court location within the highly soughtafter Saunders Rise Estate, 2 Coleman Court masterfully blends style, functionality, and space. The thoughtfully designed layout ensures the openplan living areas are perfectly positioned to capture delightful views of the spacious and inviting rear gardens. The welldesigned galleystyle kitchen flows seamlessly into the family and meals areas, overlooking the charming decked alfresco, making it perfect for entertaining. The immense main bedroom suite, privately positioned at the front of the home, offers a tranquil retreat, that includes BIRs, a spacious WIR, and a deluxe ensuite. Two additional bedrooms are complete with BIRs. A wellequipped dedicated study, featuring custom cabinetry and builtin desk, provides an ideal space for those working or studying from home. The established low maintenance gardens with reticulation allow more time to enjoy the important things in life. Additional features include Ducted heating and cooling Instantaneous hot water Well appointed family bathroom Double integrated garage Fully enclosed rear yard with gated side access Workshop Garden Shed Cubby This complete package is ideally situated within walking distance of primary schools, childcare centres, medical facilities, Baringo Food and Wine Store, and just minutes away from all that Gisborne town centre has to offer. Commuters will appreciate the easy access to the Calder Freeway and the nearby Gisborne train station. Your search is over. Contact Jason Kennedy on 0417 383 235 to arrange a private inspection. PHOTO ID REQUIRED AT INSPECTIONS DISCLAIMER All 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. All prospective buyers must undertake their own due diligence.. Consumer Affairs Due Diligence Checklist httpswww.consumer.vic.gov.auhousingbuyingandsellingpropertychecklistsduediligence"
Below are some similar properties in the area you may be interested in.
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
Health Care and Social Assistance - 12.0%
Retail Trade - 11.0%
Education and Training - 11.0%
Construction - 9.0%
Others - 57.0%
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
-
77.7%
$850K
3.8%
$70,000
-$23,527
3.0%
2.2%
-13.9%
6.0%
Asking Price
$975,000
Estimated Purchase Price
$900,000
Stamp Duty
$49,070
Transfer Fee
$2,212
Conveyancing
$1,196
Deposit (10%)
$90,000
Reg. Mortgage
$129
LMI Premium
$25,662
Renovation Costs
-
Total Cash/Equity Required
$168,819
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$27,040
$38,486
Property Management
+7.7% PA
$2,082
$2,963
Rates
+3.0% PA
$1,843
$2,405
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
$19,850
$28,858
Interest Repayments
$53,460
$53,460
Net Cashflow Before Tax
-$33,610
-$24,602
Depreciation
-
-
Tax Offset
-$10,083
-$7,381
Net Cashflow After Tax
-$23,527
-$17,221
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,035,960
$1,872,769
Loan Balance
I.O
$810,000
$810,000
$225,960
$1,062,769
Did you know you need to engage a conveyancer when buying a property?
Request a free contract review