$860K
$170,727
"Welcome to your dream family home in the charming town of Avenel, only a putt away from the Avenel Golf course. It makes perfect sense to become a member so we will pay for your first years membership. This stunning 3 bedroom with sitting room5th bedroom, 2 bathroom property is perfectly situated on Bayley Drive, offering a peaceful and private lifestyle for you and your loved ones. With its modern design, high ceilings and spacious layout, this home is sure to impress even the most discerning buyer. Step inside and be greeted by the light filled open plan living area, perfect for entertaining friends and family. The well appointed kitchen boasts high quality appliances, ample storage space, butlers pantry and a convenient breakfast bar. The adjoining dining area flows seamlessly onto the outdoor alfresco, where you can enjoy a morning coffee or host a summer BBQ. The master bedroom is a true retreat, featuring a luxurious ensuite and a walkin wardrobe. Three additional bedrooms provide plenty of space for the whole family or can be easily transformed into a home office or study. The main bathroom is sleek and modern, with a spacious shower and a separate bathtub for ultimate relaxation. Situated on a generous block of 2015m2, this property offers a double garage and additional off street parking, ensuring plenty of space for all your vehicles. The low maintenance backyard provides the perfect space for children and pets to play, with fenced off chicken yard, shedding and well thought out gardens. Located just a short drive from local schools, shops and amenities, this property offers the perfect balance of convenience and tranquility. Dont miss out on the opportunity to make this stunning family home yours. Contact us today to arrange a private inspection and start living the life youve always dreamed of."
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82.5%
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-$345,000
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2.6%
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Asking Price
$860,000
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
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
Rates
+3.0% PA
$1,805
$2,355
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
$16,528
$24,126
Interest Repayments
$53,163
$53,163
Net Cashflow Before Tax
-$36,635
-$29,037
Depreciation
-
-
Tax Offset
-$10,990
-$8,711
Net Cashflow After Tax
-$25,644
-$20,326
Assumptions
Year 1
Year 10
Property Value
6.8%
$587,400
$1,061,879
Loan Balance
I.O
$805,500
$805,500
-$218,100
$256,379
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Public Administration and Safety - 15.0%
Health Care and Social Assistance - 12.0%
Education and Training - 11.0%
Retail Trade - 10.0%
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