$500K
$77,284
"Discover a home that offers all the space you need to downsize in style. Perfectly positioned on a generous 968m2 approx. easementfree block, this inviting property provides plenty of room for your caravan, boat, or even a custom built shed. Enjoy easy access to nearby cafes, the local pub, medical clinics and some of the best fishing spots around The Details Northfacing living space with airconditioning Spacious kitchen offers dishwasher, 900mm oven large pantry Dedicated dining space to entertain friends family 3 Well positioned bedrooms, all with builtin robes Primary bedroom features ensuite walkin robe Central gas heating separate split system cooling Central family bathroom offers bath separate shower Incredible undercover area, partially enclosed, with ceiling fans Double garage offers internal access central heating vent Side access to the rear yard convenient rear access Ample garden sheds, raised veggie gardens, large water tank fernery Dont miss out on this fantastic opportunity to make this charming property your forever home. Contact Jake Gardam at Keith Williams Real Estate on 0412 594 439. Keith Williams Real Estate Traralgon Over 80 Years In Real Estate Note All information on this listing has been provided to Keith Williams Real Estate Traralgon by third parties. This information should not be relied upon, and property buyers are advised to conduct their own due diligence before making a property purchase."
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88.4%
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-$9,992
4.3%
3.0%
-11.7%
6.0%
Asking Price
$520,000
Estimated Purchase Price
$480,000
Stamp Duty
$23,870
Transfer Fee
$1,229
Conveyancing
$1,196
Deposit (10%)
$48,000
Reg. Mortgage
$129
LMI Premium
$10,611
Renovation Costs
-
Total Cash/Equity Required
$85,584
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$20,800
$29,605
Property Management
+7.7% PA
$1,602
$2,280
Rates
+3.0% PA
$1,695
$2,212
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
$14,238
$20,854
Interest Repayments
$28,512
$28,512
Net Cashflow Before Tax
-$14,274
-$7,658
Depreciation
-
-
Tax Offset
-$4,282
-$2,298
Net Cashflow After Tax
-$9,992
-$5,361
Assumptions
Year 1
Year 10
Property Value
6.8%
$512,640
$926,731
Loan Balance
I.O
$432,000
$432,000
$80,640
$494,731
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 14.0%
Health Care and Social Assistance - 12.0%
Retail Trade - 10.0%
Construction - 10.0%
Others - 54.0%
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