$591K
$106,791
"At Metricon, we aim to provide you with innovative yet practical home designs that are designed to grow with your familys requirements well into the future. Since 1976, our design philosophy has remained the same to design stunning homes where youd love to live and which celebrate the diversity of Australian family life. Price excludes upgrade items above standard specification such as feature render and bricks, front entrance timber decking, front entry door, brick infills above garage, external lighting, fencing, concrete paths and driveway. Facade Image may also contain items not supplied by Metricon, namely landscaping and planter boxes. Aluminium double glazed windows are subject to specific home design, refer to plans. Floorplan may not reflect developer guidelines and depicts the base Facade. Package is correct at time of publication, availability, images, inclusions and prices are subject to change due to circumstances that may affect the price as set out in the building contract including the land registration date not being met, changes in local, state or federal government laws and developer approval.Land is supplied by developer,land prices and availability are subject to change without notice.Advertised Package Price is based on Metricons Freedom standard inclusions, any additional inclusions listed, Metricons preferred siting of the home and the expected land titling date as notified by the developer and is subject to Metricons price hold expiry date by which the owner must include essential information to Metricon to commence construction, including land title. Package price excludes customer account opening fees, stamp duty on land, legal fees and conveyancing costs including titles and property report. Typical site costs allowance is included in the price, additional site costs may apply if site survey and soil tests indicate footings and site works different to those expected for the location. Additional costs may incur if there are bushfire, wind rating or acoustic requirements. For more information on pricing and inclusions please speak with a Metricon New Home Advisor. Newfield Real Estate Pty Ltd ACN 159 312 722, Licence number 028051L. VIC Builders Licence CDBU 52967 For details on our Lifetime structural guarantee and other terms and conditions visit www.metricon.com.autermsandconditions"
Below are some similar properties in the area you may be interested in.
-
95%
$710K
3.2%
$230,000
-$10,771
4.4%
3.2%
-10.3%
6.0%
Asking Price
$574,400
Estimated Purchase Price
$565,000
Stamp Duty
$28,970
Transfer Fee
$1,428
Conveyancing
$1,196
Deposit (10%)
$56,500
Reg. Mortgage
$129
LMI Premium
$16,110
Renovation Costs
-
Total Cash/Equity Required
$104,883
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$24,960
$35,526
Property Management
+7.7% PA
$1,922
$2,735
Rates
+3.0% PA
$1,599
$2,086
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
$18,174
$26,444
Interest Repayments
$33,561
$33,561
Net Cashflow Before Tax
-$15,387
-$7,117
Depreciation
-
-
Tax Offset
-$4,616
-$2,135
Net Cashflow After Tax
-$10,771
-$4,982
Assumptions
Year 1
Year 10
Property Value
6.8%
$849,060
$1,534,898
Loan Balance
I.O
$508,500
$508,500
$340,560
$1,026,398
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
Health Care and Social Assistance - 16.0%
Retail Trade - 12.0%
Accommodation and Food Services - 9.0%
Agriculture, Forestry and Fishing - 9.0%
Others - 54.0%
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