$900K
$168,819
"Experience the best of both worlds with this solid 4bedroom, 2 bathroom brick house on 2 acres in town. A great feature to this property is the large shed right at your back door step, relax and enjoy the perfect blend of comfort, space, and functionality all year round. Key features of the property include 4 bedrooms all with built in robes, master with ensuite. Spacious kitchen with electric wall oven, gas cook top, dishwasher, and ample cupboard space. Bathroom includes walk in shower, bath, vanity and separate toilet. Seperate loungeroom. Open plan dining area flows on from the kitchen. There is a freestanding wood heater reverse cycle split system for your comfort. Access on to the back deck area for entertaining or taking in the lovely rural view. Large 12mtrs x 7.5mtrs shed with electricity, water, toilet, concrete floor along with capacity to drive through. Established trees and garden. Potential opportunity to subdivide STCA This property has great potential, move straight in or renovate to your liking. Dont miss out on this rare opportunity to make this 2 acres in town your own. For further information or to inspect the property, please contact Don Olden on 0417 805 312 or Sharon Turton 0447 604 796. For a Due Diligence Checklist go to consumer.vic.gov.auduediligencechecklist"
Below are some similar properties in the area you may be interested in.
1.5%
87.1%
$653K
3.7%
-$320,000
-$27,678
2.3%
1.6%
-16.4%
6.0%
Asking Price
$900,000
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
$20,800
$29,605
Property Management
+7.7% PA
$1,602
$2,280
Rates
+3.0% PA
$2,014
$2,628
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
$13,919
$20,437
Interest Repayments
$53,460
$53,460
Net Cashflow Before Tax
-$39,541
-$33,023
Depreciation
-
-
Tax Offset
-$11,862
-$9,907
Net Cashflow After Tax
-$27,678
-$23,116
Assumptions
Year 1
Year 10
Property Value
6.8%
$619,440
$1,119,800
Loan Balance
I.O
$810,000
$810,000
-$190,560
$309,800
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 20.0%
Health Care and Social Assistance - 11.0%
Retail Trade - 9.0%
Manufacturing - 8.0%
Others - 52.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price