$1.05M
$177,407
"Set upon meticulous landscaped gardens and introduced by a deep veranda with Castlemaine slate pavers, this striking residence bears all the hallmarks of modern prestige living in an esteemed pocket of New Gisborne. Spacious interiors commence with an ultrawide entry hall introducing stunningly high squareset ceilings and polished Tasmanian Oak flooring setting the sophisticated tone prevalent throughout. At its heart, an impressive kitchen features white Corian benchtops including to the waterfall edge island, a sparkling glass splashback, and 900mm wide Ariston oven5zone cooktop, all complemented by a substantial butlers pantry featuring an FP dishdrawer double dishwasher, and integrated Smeg microwave. The adjoining dining area seamlessly interacts with the family room where a woodfuelled fireplace with Mt Gambier Sandstone surrounds creates a stunning centrepiece. Glass doors open to the alfresco entertaining with wide timber decking underfoot, fitted with bistro blinds, a ceiling fan, plumbed sink and servery. Intentionally designed, the lovely rear yard hosts established citrus, veggie beds, mature magnolia hedges, and a fire pit area. The home offers a versatile layout and includes a home theatre which easily doubles as a generous 4th bedroom, plus a studyhome office. The main bedroom suite is sensational in size with a sitting area, walkthrough robe, and luxuriously appointed ensuite showcasing sparkling white surfaces, twin vanities, and a walkin niched shower. Remaining bedrooms are king sized and include a 2nd master bedroom with independent rear yard access, a walkin robe and ensuite access to the dualway central bathroom, with a powder room enhancing amenity. Boasting outstanding presentation, this wonderful property includes an integrated oversized double garage with workspace and mezzanine storage, ducted heating, evaporative cooling, ducted vacuum, and a water tank. Located for an easy Macedon Ranges lifestyle close to schools, the Baringo Food Wine Precinct, medical centre, and the train station, with easy freeway access to Melbournes CBD and the airport."
Below are some similar properties in the area you may be interested in.
-
77.7%
$850K
3.8%
$15,000
-$25,430
3.0%
2.2%
-13.9%
6.0%
Asking Price
$1,050,000
Estimated Purchase Price
$970,000
Stamp Duty
$53,350
Transfer Fee
$2,376
Conveyancing
$1,196
Deposit (10%)
$97,000
Reg. Mortgage
$129
LMI Premium
$27,658
Renovation Costs
-
Total Cash/Equity Required
$182,258
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
$1,843
$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
$21,290
$30,908
Interest Repayments
$57,618
$57,618
Net Cashflow Before Tax
-$36,328
-$26,710
Depreciation
-
-
Tax Offset
-$10,898
-$8,013
Net Cashflow After Tax
-$25,430
-$18,697
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,051,980
$1,901,730
Loan Balance
I.O
$873,000
$873,000
$178,980
$1,028,730
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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