$1.2M
$227,394
"Escape to the tranquillity of country living in this stunning modern family home, nestled amongst lush farmland with a NorthEast aspect. Located only minutes from Tarwin Lower and Venus Bay, and approximately 20 minutes to Inverloch, this property is perfect for those who value peace and privacy while still enjoying the convenience of nearby amenities. Featuring Tasmanian Oak flooring, this spacious home boasts three bedrooms plus a study, providing ample space for the whole family. The separate parents retreat offers a lounge area plus master bedroom with a walkin robe and ensuite featuring a luxurious bathtub, perfect for relaxing after a long day. The openplan living area is perfect for entertaining, with a wellappointed kitchen featuring a butlers pantry, breakfast bar, and stone benchtops. The lightfilled lounge and dining area features a wood fire for comfort and ambience, and large timber doors open onto a fabulous deck area for outdoor dining and entertaining. The two other bedrooms are welllocated to the bathroom with a bathtub, while the goodsized laundry provides storage aplenty. Other features of this property include two reverse cycle heating and cooling systems, ceiling fans in all bedrooms, a solar panel system, a 3 bay shed approximately 9m x 6m, a woodshed, 24,000ltr and 12,000ltr water tanks, and a chook run. With so many features, this property is sure to impress and is ready for you to move in and enjoy the peaceful country lifestyle. Dont miss out on this fantastic opportunity to secure your dream family home."
Below are some similar properties in the area you may be interested in.
-
88.3%
$460K
6.8%
-$825,000
-$42,632
1.4%
0.8%
-18.8%
6.0%
Asking Price
$1,195,000
Estimated Purchase Price
$1,195,000
Stamp Duty
$65,725
Transfer Fee
$2,902
Conveyancing
$1,196
Deposit (10%)
$119,500
Reg. Mortgage
$129
LMI Premium
$37,392
Renovation Costs
-
Total Cash/Equity Required
$227,394
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$16,640
$23,684
Property Management
+7.7% PA
$1,281
$1,824
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
$10,080
$14,972
Interest Repayments
$70,983
$70,983
Net Cashflow Before Tax
-$60,903
-$56,011
Depreciation
-
-
Tax Offset
-$18,271
-$16,803
Net Cashflow After Tax
-$42,632
-$39,207
Assumptions
Year 1
Year 10
Property Value
6.8%
$395,160
$714,355
Loan Balance
I.O
$1,075,500
$1,075,500
-$680,340
-$361,145
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
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
Average Days of Supply