$450K
$88,351
"Superbly constructed with attention to detail, set on approx. 1949m2 of land with views to the mountains of the Prom to the south, and over adjoining farmland to the north. Light filled open plan interior with stunning polished solid timber flooring featuring in the living dining room, opening out to a covered entertaining deck. Comfortable yearround with RCAC for convenience and a wood heater for ambience. Magnificent kitchen with 900mm gas hob, under bench oven, dishwasher and feature benchtops of recycled timber. 3 double bedrooms, all with robes. Magnificent spacious bathroom with highlight window, frameless shower, spa bath, feature vanity and w.c. Practical laundry utility room. So many extra features 3.6kW of solar plus mains, instant gas hot water, tank and town water, double glazing, high speed NBN. Carport plus LU shed with concrete floor and power. Fully fenced, auto gates and perimeter planted with natives. Parking for several boats, vans, cars or machinery. Opposite access to the Great Southern Rail Trail and located right in the center of the Toora and Welshpool boat ramps, with less than 15 minutes to the pristine water in either direction. Or head up into the hills and visit the spectacular Agnes Falls, just 14km from your doorstep. Such a handy location to explore the very best this region has to offer."
Below are some similar properties in the area you may be interested in.
Location, 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 Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price
-
79.5%
-
-
-$35,000
-$11,095
4.1%
2.7%
-12.8%
6.0%
Asking Price
$450,000
Estimated Purchase Price
$485,000
Stamp Duty
$24,170
Transfer Fee
$1,241
Conveyancing
$1,196
Deposit (10%)
$48,500
Reg. Mortgage
$129
LMI Premium
$10,722
Renovation Costs
-
Total Cash/Equity Required
$86,507
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$19,760
$28,125
Property Management
+7.7% PA
$1,522
$2,166
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
$12,959
$19,071
Interest Repayments
$28,809
$28,809
Net Cashflow Before Tax
-$15,850
-$9,738
Depreciation
-
-
Tax Offset
-$4,755
-$2,921
Net Cashflow After Tax
-$11,095
-$6,816
Assumptions
Year 1
Year 10
Property Value
6.8%
$480,600
$868,810
Loan Balance
I.O
$436,500
$436,500
$44,100
$432,310
Did you know you need to engage a conveyancer when buying a property?
Request a free contract review