$795K
$164,047
"Ray White Benalla welcomes you to 24 Hairs Lane, Benalla. An established property with lots of stunning trees and greenery. We are located within minutes to local schools, Lake Benalla, CBD, sporting grounds, Benalla Golf Club and the Hume Freeway. Inside the home we have a fantastic open plan livingdiningkitchen area. The lounge space is the heart of this home with a great amount of space, imitation gas log fire, ceiling fan, two large windows that allow ample natural light into the home and on the other side of the lounge glass sliding doors that provide you access to the outdoor entertainment area. The modern kitchen compliments the space well with dishwasher, hotplate cooktop, elec oven, island bench with great walk in pantry. Down the left side of the home we have two bedrooms both with built in or walk in robes as well as an ensuite each, hosting toilet, vanity and shower and the third bedroom is at the rear of the home with built in robe. Exterior to the home we have just over 1acre with round about drive access and entry into the rear yard. A variety of shedding throughout the property from large shedding at the back to smaller shedding near the home. Other features include Construction Colourbond, Steele frame, Subfloor Cooling Evap cooling Heating Gas ducted heating under floor Shed Concrete floor, 3 phase power, steel timber construction Services Septic tanks, broadband internet Solar 6.6kw 4x Water tanks that service lawnsgardens Outside toilet Separate toilet near laundry"
Below are some similar properties in the area you may be interested in.
-
95.2%
$750K
3.5%
-$445,000
-$27,372
2.1%
1.4%
-17.1%
6.0%
Asking Price
$795,000
Estimated Purchase Price
$855,000
Stamp Duty
$46,370
Transfer Fee
$2,106
Conveyancing
$1,196
Deposit (10%)
$85,500
Reg. Mortgage
$129
LMI Premium
$24,379
Renovation Costs
-
Total Cash/Equity Required
$160,230
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$18,200
$25,904
Property Management
+7.7% PA
$1,401
$1,995
Rates
+3.0% PA
$1,850
$2,414
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
$11,684
$17,236
Interest Repayments
$50,787
$50,787
Net Cashflow Before Tax
-$39,103
-$33,551
Depreciation
-
-
Tax Offset
-$11,731
-$10,065
Net Cashflow After Tax
-$27,372
-$23,486
Assumptions
Year 1
Year 10
Property Value
6.8%
$437,880
$791,583
Loan Balance
I.O
$769,500
$769,500
-$331,620
$22,083
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%
Manufacturing - 11.0%
Agriculture, Forestry and Fishing - 10.0%
Retail Trade - 9.0%
Others - 56.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price