$799K
$134,465
"Discover this inviting 4bedroom home situated directly opposite serene parklands in the heart of Caroline Springs. Offering exceptional convenience, its just a short walk to Caroline Springs Town Square, sporting facilities, shops, cafes, and a medical centre. Enjoy the peace and tranquillity of the surrounding area, complete with extensive walking tracks and a wealth of parks and wetlands to explore. Boasting 4 bedrooms with builtin robes, including a downstairs bedroom with an adjacent bathroom The master bedroom features a luxurious ensuite and walkin robe, along with a private balcony offering stunning views of the parklands and wetlands. The lightfilled openplan kitchen, meals, and family area seamlessly flows to a spacious alfresco area, ideal for entertaining friends and family yearround, all set amidst beautifully landscaped gardens and established trees. This home offers versatile living options, including a separate lounge room that can serve as a 4th bedroom for added flexibility. Additionally, the downstairs bathroom features a convenient shower Sparkling central bathroom with a separate toilet for added convenience High ceilings, ducted heating, evaporative cooling , downlights.. Double car garage with internal access All set on a well presented landscaped allotment with luscious lawns and establish tress This property offers a unique opportunity to embrace a lifestyle that combines the best of both worlds convenient urban living with the peacefulness of nature right outside your door. Inspection is a must For further information or to arrange an inspection, please contact Adrian Sposato on 0419 464 629 or if you require any other real estate advice I would be more than happy to be of assistance We look forward to seeing you at our next open for inspection Sweeney we know west Caroline Springs leading agency. Photo ID is Required at all Open For Inspections DISCLAIMER Every precaution has been taken to establish the accuracy of the above information but it does not constitute any representation by the vendor or agent."
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Asking Price
$799,000
Estimated Purchase Price
$740,000
Stamp Duty
$39,470
Transfer Fee
$1,837
Conveyancing
$1,196
Deposit (10%)
$74,000
Reg. Mortgage
$129
LMI Premium
$21,100
Renovation Costs
-
Total Cash/Equity Required
$138,282
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
Rates
+3.0% PA
$1,584
$2,067
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
$21,549
$31,245
Interest Repayments
$43,956
$43,956
Net Cashflow Before Tax
-$22,407
-$12,711
Depreciation
-
-
Tax Offset
-$6,722
-$3,813
Net Cashflow After Tax
-$15,685
-$8,897
Assumptions
Year 1
Year 10
Property Value
6.8%
$854,400
$1,544,552
Loan Balance
I.O
$666,000
$666,000
$188,400
$878,552
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Retail Trade - 14.0%
Education and Training - 14.0%
Construction - 11.0%
Health Care and Social Assistance - 10.0%
Others - 51.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price