$799K
$149,733
"A captivating opportunity nestled in the soughtafter enclave of Coorabin Estate, presenting 5 Heron Ridge, Brown Hill. This immaculate property epitomizes modern living with its impeccable design, premium finishes, and spacious layout. Upon entry, youre greeted by a sense of elegance and style. Boasting four generously sized bedrooms, including a luxurious master retreat complete with a walkin robe and ensuite, this home offers unparalleled comfort for the whole family. Each of the brandnew bathrooms exudes sophistication and functionality, ensuring a serene oasis for relaxation. The heart of the home lies in its beautifully appointed, contemporary kitchen boasting brandnew appliances and a practical breakfast bar. Its seamless integration with the openplan living and dining areas creates an inviting atmosphere suitable for cozy family gatherings and hosting guests with ease. With three expansive living zones, including a versatile splitlevel floorplan, theres ample room for everyone to unwind and enjoy their own space. Freshly laid carpet and new paint throughout enhance the homes modern allure, while large windows invite an abundance of natural light, creating an inviting ambiance. Experience yearround comfort with ducted heating, evaporative cooling, and the convenience of a central vacuum system. A large laundry with a drying cupboard adds practicality to everyday chores. Car enthusiasts and hobbyists will appreciate the massive garage complete with a workshop area, providing ample storage and workspace for all your needs. Outside, the 846m2 landscaped block offers a private sanctuary, perfect for alfresco dining, childrens play, or simply soaking up the serene surroundings. With nothing left to do but move in and enjoy, 5 Heron Ridge is the epitome of turnkey living. Dont miss your chance to secure your place in this highly soughtafter pocket of Brown Hill. Reach out today to arrange your private inspection and discover the lifestyle awaiting you in this stunning property."
Below are some similar properties in the area you may be interested in.
-
91.7%
$1.87M
1.2%
-$370,000
-$26,847
2.2%
1.4%
-16.9%
6.0%
Asking Price
$849,000
Estimated Purchase Price
$850,000
Stamp Duty
$46,070
Transfer Fee
$2,095
Conveyancing
$1,196
Deposit (10%)
$85,000
Reg. Mortgage
$129
LMI Premium
$24,237
Renovation Costs
-
Total Cash/Equity Required
$159,276
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$18,720
$26,644
Property Management
+7.7% PA
$1,441
$2,052
Rates
+3.0% PA
$1,877
$2,449
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
$12,137
$17,884
Interest Repayments
$50,490
$50,490
Net Cashflow Before Tax
-$38,353
-$32,606
Depreciation
-
-
Tax Offset
-$11,506
-$9,782
Net Cashflow After Tax
-$26,847
-$22,824
Assumptions
Year 1
Year 10
Property Value
6.8%
$512,640
$926,731
Loan Balance
I.O
$765,000
$765,000
-$252,360
$161,731
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
Health Care and Social Assistance - 19.0%
Retail Trade - 12.0%
Education and Training - 11.0%
Manufacturing - 9.0%
Others - 49.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price