$769K
$158,322
"Great Horsham West Location close to the Wimmera River Riverside Walking tracks. This well designed 4 Bedroom plus study home caters for modern family living with its four generously sized bedrooms and two bathrooms. The master suite comes complete with an ensuite and a spacious walkin robe. The remaining three bedrooms are wellappointed, each featuring builtin robes, ensuring that every family member enjoys their private space. At the heart of this home is a bright kitchen with electric cooking overlooking the spacious meals area with direct access outside, creating the perfect space for entertaining. The residence boasts two large living rooms, perfect for family gatherings, alongside a study for quiet contemplation space for working from home. A separate formal dining provides the perfect space for hosting family dinners or could be utilised as a third living area. Central gas heating, a split system in the living area, and evaporative cooling maintain a comfortable atmosphere all year round. The double car garage provides secure parking, while the additional 5.5m X 5.5m shed caters to extra storage needs. Homes of this calibre in these locations traditionally dont last long so book your inspection to avoid missing out."
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6.7%
80.6%
$430K
5.6%
-$105,000
-$20,529
3.3%
2.4%
-13.3%
6.0%
Asking Price
$769,000
Estimated Purchase Price
$825,000
Stamp Duty
$44,570
Transfer Fee
$2,036
Conveyancing
$1,196
Deposit (10%)
$82,500
Reg. Mortgage
$129
LMI Premium
$23,524
Renovation Costs
-
Total Cash/Equity Required
$154,505
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$27,040
$38,486
Property Management
+7.7% PA
$2,082
$2,963
Rates
+3.0% PA
$2,015
$2,629
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
$19,678
$28,634
Interest Repayments
$49,005
$49,005
Net Cashflow Before Tax
-$29,327
-$20,371
Depreciation
-
-
Tax Offset
-$8,798
-$6,111
Net Cashflow After Tax
-$20,529
-$14,260
Assumptions
Year 1
Year 10
Property Value
6.8%
$768,960
$1,390,097
Loan Balance
I.O
$742,500
$742,500
$26,460
$647,597
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 12.0%
Agriculture, Forestry and Fishing - 8.0%
Accommodation and Food Services - 7.0%
Others - 55.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price