$1.25M
$261,347
"One of only two on the block, this modern townhouse delivers a brilliant lowmaintenance lifestyle with its impressive design, firstclass features and profusion of light throughout all in one of Ascot Vales premier pockets moments from the river. Step inside to discover an ontrend interior showcasing four generous bedrooms with builtin robes, as well as a deluxe doublevanity ensuite and equallystylish main bathroom with freestanding tub. The versatile openplan livingdining area adds to the allure and is accompanied by a stonebench kitchen complete with Bosch cooking appliances and dishwasher. Other highlights of the home include ducted heatingrefrigerated cooling, alarm system, solid hardwood floors and floortoceiling tiles in all three bathrooms, along with a fullsize laundrythird WC and understair storeroom. Stacker doors reveal a private courtyard with entertaining deck, plus the added advantage of a remotecontrol garage and shared driveway with turntable. A short stroll to Ascot Chase Wetlands, Fairbairn Park, Riverside Golf Course and endless trails along the river, its also close to popular schools, local buses and Maribyrnong Road trams, as well as easy access to both Highpoint and Showgrounds Village shopping centres."
Below are some similar properties in the area you may be interested in.
-
83.8%
$1.52M
2.9%
$40,000
-$29,923
3.1%
2.5%
-12.7%
6.0%
Asking Price
$1,180,000
Estimated Purchase Price
$1,240,000
Stamp Duty
$68,200
Transfer Fee
$3,007
Conveyancing
$1,196
Deposit (10%)
$124,000
Reg. Mortgage
$129
LMI Premium
$38,800
Renovation Costs
-
Total Cash/Equity Required
$235,882
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$39,000
$55,509
Property Management
+7.7% PA
$3,003
$4,274
Rates
+3.0% PA
$1,823
$2,379
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
$30,909
$44,596
Interest Repayments
$73,656
$73,656
Net Cashflow Before Tax
-$42,747
-$29,060
Depreciation
-
-
Tax Offset
-$12,824
-$8,718
Net Cashflow After Tax
-$29,923
-$20,342
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,367,040
$2,471,283
Loan Balance
I.O
$1,116,000
$1,116,000
$251,040
$1,355,283
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Retail Trade - 16.0%
Education and Training - 11.0%
Health Care and Social Assistance - 11.0%
Accommodation and Food Services - 8.0%
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