$895K
$167,864
"Situated in a highly soughtafter and tightly held pocket of Brown Hill, this custombuilt contemporary residence showcases an unwavering commitment to quality and design. Immaculately kept both inside and out, this home will captivate you with its warmth, beauty, and attention to detail. As you step inside, youre greeted by a wide and welcoming entrance that sets the tone for the entire home, offering an immediate sense of warmth, beauty, and spaciousness. Positioned at the front of the home, the formal lounge is a private sanctuary with double doors, providing an ideal space to unwind or create a kids retreat away from the main living areas. The expansive openplan kitchen, dining, and living area is the heart of the home, with natural light pouring in. The space features a stylish builtin booth for dining, and a cozy gas log heater perfect for family gatherings or entertaining guests. This highquality kitchen boasts a sleek breakfast bar with a waterfall edge, stone benchtops, an induction cooktop, a wall oven, a dishwasher, and an abundance of softclose cabinetry, plus a large walkin pantry for extra storage. The spacious master bedroom features a large walkin robe and ensuite with a walkin shower, double vanity, and separate toilet. Three remaining bedrooms are generous in size, each featuring builtin robes, perfect for a growing family. They are serviced by a central family bathroom complete with a walkin shower, bath, and separate toilet. Standout features include zoned heating and cooling, squareset high ceilings that enhance the sense of space, a drying cupboard, a builtin study nook for working from home, and a welldesigned mudroom. A glass sliding door from the living area opens to an elevated, decked entertaining space, with views over the manicured rear yard thats perfect for family activities. Set on a corner allotment of approximately 790m, the home boasts meticulously manicured gardens and an outdoor seating area complete with a cozy fire pit, providing a perfect space to enjoy long summer nights. The home includes a remote double lockup garage with direct access inside, plus an additional rear driveway leading to a 10m deep tandem garage, ideal for extra cars, a caravan, or trailers. A double set of gates also offers secure storage for trailers or other recreational vehicles."
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91.2%
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-$35,000
-$20,655
3.5%
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6.0%
Asking Price
$895,000
Estimated Purchase Price
$895,000
Stamp Duty
$48,770
Transfer Fee
$2,200
Conveyancing
$1,196
Deposit (10%)
$89,500
Reg. Mortgage
$129
LMI Premium
$25,520
Renovation Costs
-
Total Cash/Equity Required
$167,864
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+7.7% PA
$2,402
$3,419
Rates
+3.0% PA
$1,877
$2,449
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
$23,656
$34,279
Interest Repayments
$53,163
$53,163
Net Cashflow Before Tax
-$29,507
-$18,884
Depreciation
-
-
Tax Offset
-$8,852
-$5,665
Net Cashflow After Tax
-$20,655
-$13,219
Assumptions
Year 1
Year 10
Property Value
6.8%
$918,480
$1,660,393
Loan Balance
I.O
$805,500
$805,500
$112,980
$854,893
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2021 Population
Suburbs
Health Care and Social Assistance - 19.0%
Retail Trade - 12.0%
Education and Training - 11.0%
Manufacturing - 9.0%
Others - 49.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price