$595K
$117,288
"Step into contemporary living with this 4 bedroom, 2 living , 2 bathroom residence on Brompton Avenue that offers the ultimate blend of comfort, convenience, and style. Enjoy versatility and ample space for relaxation and entertainment with two separate living areas, providing plenty of room for hosting gatherings or simply unwinding after a long day. The kitchen is a modern design complete with stainless steel appliances, great bench space and a pantry and fridge niche tucked away providing a clean line view from the dining space. All bedrooms are carpeted adding warmth and comfort. The master bedroom includes a generous walkinrobe and ensuite, further bedrooms include built in wardrobes. Park with ease and enjoy additional storage space in the double garage, offering convenience and security for your vehicles and belongings. Spend more time enjoying your home and less time on upkeep with low maintenance gardens with a tranquil vibe without the hassle. Situated in a soughtafter locale, this home is conveniently close to parks, playgrounds, walking trails, and the shops ensuring youre never far from amenities and recreational opportunities. Disclaimer Information contained on any marketing material, website or other portal should not be relied upon. You should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property."
-
59.3%
-
-
$75,000
-$13,237
3.9%
2.8%
-11.9%
6.0%
Asking Price
$595,000
Estimated Purchase Price
$600,000
Stamp Duty
$31,070
Transfer Fee
$1,510
Conveyancing
$1,196
Deposit (10%)
$60,000
Reg. Mortgage
$129
LMI Premium
$17,108
Renovation Costs
-
Total Cash/Equity Required
$111,562
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
$1,603
$2,092
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
$16,730
$24,389
Interest Repayments
$35,640
$35,640
Net Cashflow Before Tax
-$18,910
-$11,251
Depreciation
-
-
Tax Offset
-$5,673
-$3,375
Net Cashflow After Tax
-$13,237
-$7,875
Assumptions
Year 1
Year 10
Property Value
6.8%
$720,900
$1,303,216
Loan Balance
I.O
$540,000
$540,000
$180,900
$763,216
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2016 Population
Suburbs
Health Care and Social Assistance - 17.0%
Retail Trade - 14.0%
Education and Training - 11.0%
Accommodation and Food Services - 8.0%
Others - 50.0%
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