$1.27M
$217,019
"Welcome to this exquisite Hamptons Provincialstyle home, masterfully built by Kialla Homes. This residence is the epitome of elegance and comfort, boasting six and a half Energy Star ratings. The home features three generously sized bedrooms, each thoughtfully designed with highend finishes that resonate throughout the property. Step inside to be greeted by soaring 10foot ceilings and zoned central heating and cooling, ensuring yearround comfort. The living area is anchored by a Canadian wood heater, known for its low fuel emissions, providing both warmth and ambiance, while brass fittings throughout the home add a touch of timeless elegance. The kitchen is a chefs delight, featuring stone benchtops, a NEF oven, a Bosch induction cooktop, and a Bosch dishwasher, all complemented by classic subway tiles. The custombuilt bookshelf with a ladder adds a touch of sophistication to the living space. The master suite is a private retreat, complete with a walkin robe and a luxurious ensuite that includes a double vanity, a bathtub, and a spacious 900mm shower. The home also includes plush wool carpets, plantation shutters, and ample storage throughout. Outdoors, the property is equally impressive, featuring a double garage, a 22thousand litre water tank and an additional 10thousand litre CFA water tank. LED lighting throughout the home adds to its energy efficiency. Nestled on an amazing approx. 3,271m block, this Provincialstyle home offers more than just luxury livingit provides a breathtaking escape. The property is surrounded by a natural backdrop of rolling hills and farmland, creating a serene and picturesque setting where you can truly get lost in the beauty of nature. This expansive block offers endless possibilities to transform the space into your own personal paradise, making it the perfect retreat from the hustle and bustle of everyday life. Inspection by private appointment only. To secure this amazing property, please contact Melissa Weekes on 0409 247 881 from Barry Plant Korumburra to arrange an inspection. Looking to buy or sell in and around the Korumburra district Contact Melissa Weekes from Barry Plant Korumburra on 0409 247 881."
-
87.3%
-
-
$95,000
-$32,186
2.7%
2.0%
-14.4%
6.0%
Asking Price
$1,265,000
Estimated Purchase Price
$1,170,000
Stamp Duty
$64,350
Transfer Fee
$2,844
Conveyancing
$1,196
Deposit (10%)
$117,000
Reg. Mortgage
$129
LMI Premium
$36,610
Renovation Costs
-
Total Cash/Equity Required
$222,678
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
$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
$23,519
$34,100
Interest Repayments
$69,498
$69,498
Net Cashflow Before Tax
-$45,979
-$35,398
Depreciation
-
-
Tax Offset
-$13,794
-$10,619
Net Cashflow After Tax
-$32,186
-$24,779
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,351,020
$2,442,323
Loan Balance
I.O
$1,053,000
$1,053,000
$298,020
$1,389,323
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
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price
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