$769K
$162,139
"Discover this fantastic family residence at 60 Chamberlain Drive, Leongatha, set on a generous 2345m2 block. With 4 wellsized bedrooms or 3 plus study, this home is designed for comfort and convenience. The master suite features a private ensuite and a walkin robe, while the second bathroom caters to the remaining bedrooms, ensuring space for the whole family. The heart of the home is the central kitchen, equipped with electric cooking, generous bench space and storage options. There is a formal living area as well as the openplan living and dining area that seamlessly flows into the enclosed sunroom, providing a perfect setting for family gatherings or quiet relaxation. Completing this property is a double garage with roller door front and back and includes a secure entry into the home. Additional features include a 3.5kW solar system that enhances energy efficiency, reverse cycle air conditioner, vegetable garden beds, a variety of mature fruit trees and a garden shed for your storage needs. If space is what you are after, please dont hesitate to give the friendly sales team at Alex Scott and Staff Leongatha a call today Disclaimer Whilst every care has been taken in preparing the above information, it is to be used as a guide only. Please refer to the appropriate legal documentation to complete your due diligence."
Below are some similar properties in the area you may be interested in.
3%
82.9%
$570K
3.6%
-$315,000
-$25,583
2.6%
1.8%
-15.3%
6.0%
Asking Price
$830,000
Estimated Purchase Price
$890,000
Stamp Duty
$48,470
Transfer Fee
$2,188
Conveyancing
$1,196
Deposit (10%)
$89,000
Reg. Mortgage
$129
LMI Premium
$25,377
Renovation Costs
-
Total Cash/Equity Required
$166,910
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
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
$16,319
$23,853
Interest Repayments
$52,866
$52,866
Net Cashflow Before Tax
-$36,547
-$29,013
Depreciation
-
-
Tax Offset
-$10,964
-$8,704
Net Cashflow After Tax
-$25,583
-$20,309
Assumptions
Year 1
Year 10
Property Value
6.8%
$614,100
$1,110,147
Loan Balance
I.O
$801,000
$801,000
-$186,900
$309,147
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewLocation, 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
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