$600K
$123,014
"Welcome to your new haven of comfort and style. This beautifully designed 3bedroom, 2bathroom home with ducted heating cooling offers the perfect blend of modern living and comfort. Nestled in a desirable location, this property is ideal for first home buyers, downsizers or investors. Key Features Enjoy the generous openplan living area that seamlessly flows into a covered alfresco area, perfect for entertaining guests or relaxing with family. The modern kitchen is equipped with gas appliances, ample cabinetry, and a large breakfast bench making this the hub of the home. The master bedroom is tucked away at the back of the home and features an ensuite bathroom and walk in robe. The further two additional bedrooms offer comfort, built in robes and are serviced by the family bathroom with a separate toilet A secure double garage provides convenient parking and additional storage space. Stony Point Road is a desirable location with easy access to local amenities, including walking distance to Crib Point Primary School, 1.3km to Western Port Bay, local parks and the train station. It combines the benefits of a peaceful residential area with the convenience of nearby necessities. Dont miss the chance to make this property yours."
Below are some similar properties in the area you may be interested in.
-
78.9%
$895K
3%
-$35,000
-$17,081
3.4%
2.4%
-13.2%
6.0%
Asking Price
$660,000
Estimated Purchase Price
$695,000
Stamp Duty
$36,770
Transfer Fee
$1,732
Conveyancing
$1,196
Deposit (10%)
$69,500
Reg. Mortgage
$129
LMI Premium
$19,817
Renovation Costs
-
Total Cash/Equity Required
$129,694
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
Rates
+3.0% PA
$1,452
$1,895
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
$16,881
$24,586
Interest Repayments
$41,283
$41,283
Net Cashflow Before Tax
-$24,402
-$16,697
Depreciation
-
-
Tax Offset
-$7,321
-$5,009
Net Cashflow After Tax
-$17,081
-$11,688
Assumptions
Year 1
Year 10
Property Value
6.8%
$704,880
$1,274,255
Loan Balance
I.O
$625,500
$625,500
$79,380
$648,755
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
Retail Trade - 14.0%
Health Care and Social Assistance - 14.0%
Construction - 11.0%
Accommodation and Food Services - 10.0%
Others - 51.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Days of Supply
Sold Price
Asking Price