$950K
$193,410
"Nestled at the end of a quiet, nothrough street on a flat quarteracre block, this charming storybook home exudes a peaceful rural atmosphere for those looking for fresh air, worklife balance, and a private escape from the hustle and bustle. Offering a sense of tranquility and seclusion with scenic countryside views, the home is just minutes away from the vibrant Yarra Glen township. Expansive, yet warmly welcoming the home can house the largest of families arrayed over two levels and will also appeal to tradies and home business pursuits with its huge doubleheight garage plus workshopoffice. Featuring bathroom facilities, a cosy pot belly fire, drive through access and mezzanine storage, the infrastructure can lend itself towards a studiomancaveteen retreat space along with a home business. Additionally, the front of the home is suitable for ample vehicles including a caravan. Under height ceilings and illuminating clerestory doubleglazed windows, the beauty of timberlook floors underfoot guides you through a dual living zone layout with French doors that lead to an allseason deck, an arresting space to unwind with a wine at the end of the day. At the heart, a gleaming kitchen impresses with stainless steel appliances 900mm cooker, dishwasher a sweeping island bench for meal preparation and a lavish walkin pantry. An adjoining dining area is framed by picture windows that are featured throughout the home. Accommodation is generous and wellconceived with four bedrooms and a family bathroom positioned upstairs including a master with walkin robe and twin vanity ensuite featuring a luxe monsoon shower. Bedroom two is also of substantial size with WIR. On the ground floor is a fifth bedroomstudy plus a powder room ideal for guests or multigeneration living. There are so many options with the sizable allotment, be it to add a granny flat, some fruit and veggie plantings, house a goat, add an additional alfresco space, or simply relax and enjoy the solitude. Offering easy access to Yarra Glen Playground, Yarra Valley Racing Club, The Melba Highway, HealesvilleYarra Glen Road, and Yarra Valley Chocolaterie and Ice Creamery. Located close to Yarra Glen Primary School, Christmas Hills Primary School and Yering Primary School and just an hour from Melbourne CBD. Renowned for its abundance of wineries and restaurants, the area is also a true gem for culinary enthusiasts. At a Glance 5bedroom, 2bathroom home on a flat 1000m2 approx.. Four bedrooms upstairs including master with full ensuite and walk in robe. Second bedroom with walkin robe and fifth bedroomstudy downstairs. 2 living zones with a chefs kitchen equipped with stainlesssteel appliances and WIP. French doors flow onto a covered deck. Clerestory doubleglazed windows raised ceiling heights Huge overheight shed with mezzanine storage, pot belly fire and bathroom plus workshopstorage shed. Additional off street parking spaces for at least 5 cars. Drive through access through garage. Gas ducted heating and split system for yearround comfort. Under stairs storage. Freshly painted interiors. Disclaimer All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions including but not limited to a propertys land size, floor plans and size, building age and condition Interested parties should make their own enquiries and obtain their own legal advice."
Below are some similar properties in the area you may be interested in.
-
79.6%
$745K
4.5%
-$170,000
-$28,751
3.1%
2.4%
-12.9%
6.0%
Asking Price
$1,100,000
Estimated Purchase Price
$1,170,000
Stamp Duty
$64,350
Transfer Fee
$2,844
Conveyancing
$1,196
Deposit (10%)
$117,000
Reg. Mortgage
$129
LMI Premium
$36,610
Renovation Costs
-
Total Cash/Equity Required
$222,678
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$36,400
$51,809
Property Management
+7.7% PA
$2,803
$3,989
Rates
+3.0% PA
$1,907
$2,488
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
$28,425
$41,071
Interest Repayments
$69,498
$69,498
Net Cashflow Before Tax
-$41,073
-$28,427
Depreciation
-
-
Tax Offset
-$12,322
-$8,528
Net Cashflow After Tax
-$28,751
-$19,899
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,068,000
$1,930,690
Loan Balance
I.O
$1,053,000
$1,053,000
$15,000
$877,690
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
Retail Trade - 12.0%
Education and Training - 12.0%
Manufacturing - 10.0%
Health Care and Social Assistance - 10.0%
Others - 56.0%
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