$545K
$84,662
"Welcome to 401 Haines Street, Nerrina a stunning family home situated in a serene and private location, offering the perfect balance between convenience and tranquillity. Just moments away from essential amenities, youll enjoy easy access to local shops, schools, and parks, while feeling a world away from the hustle and bustle. Upon entering this modern contemporary home, you are greeted by a welcoming hallway that leads into a versatile multipurpose room. Whether you need a formal lounge, a home office, or a playroom for the kids, this space adapts to your lifestyle needs. At the heart of the home, a generous openplan living area awaits, featuring a sleek kitchen with stainless steel appliances, stone bench tops, a dishwasher, and a functional island bench. Adjacent to the kitchen, a spacious meals area flows seamlessly into the large living area, perfect for family gatherings and everyday living. The master bedroom, a sanctuary in itself, boasts a walkin robe and a stylish ensuite complete with a shower, vanity, and toilet. The two additional bedrooms, located at the rear of the home, each offer builtin robes and are serviced by the main family bathroom. This bathroom features a bath, shower, vanity, and a separate toilet, ensuring convenience for family and guests alike. The wellappointed laundry, with rear access and ample storage, adds to the homes practicality. Step outside from the living area through sliding doors to discover an undercover paved area, ideal for entertaining family and friends. This lowmaintenance outdoor space ensures you can enjoy the outdoors without the upkeep. The property also includes a double garage with internal access and a rear door to the backyard, providing secure parking and additional storage. Additional features of this stunning home include ducted heating and cooling throughout, ensuring yearround comfort. Whether youre looking for a great investment opportunity or a place to call home, 401 Haines Street is immaculate inside and out, ready to welcome its new owners. Located in a quiet and tuckedaway corner of Nerrina, this home offers a rare blend of peace and proximity to essential amenities. Dont miss the chance to make this beautiful property your own. Call today to book your private inspection"
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90.3%
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$265,000
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Asking Price
$545,000
Estimated Purchase Price
$505,000
Stamp Duty
$25,370
Transfer Fee
$1,287
Conveyancing
$1,196
Deposit (10%)
$50,500
Reg. Mortgage
$129
LMI Premium
$11,164
Renovation Costs
-
Total Cash/Equity Required
$90,195
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
$1,877
$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
$16,456
$24,032
Interest Repayments
$29,997
$29,997
Net Cashflow Before Tax
-$13,541
-$5,965
Depreciation
-
-
Tax Offset
-$4,062
-$1,790
Net Cashflow After Tax
-$9,479
-$4,176
Assumptions
Year 1
Year 10
Property Value
6.8%
$822,360
$1,486,631
Loan Balance
I.O
$454,500
$454,500
$367,860
$1,032,131
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 - 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 Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price