$840K
$165,956
"Wilson Partners is proud to present 31 Bayley Drive, Avenel. This property creates an appealing presence in the street with a Hamptons faade and complimented with Plantation window shutters. A pretty tiled front verandah leads you to the welcoming foyer with front living room overlooking impressive lawns and manicured gardens. Once inside, its neutral colour palette will take your breath away. You will feel right at home with distinctive floors all finishes have quality attention to detail throughout, with lots of natural northeast sunlight. Master Suite offers full ensuite with large shower, his and hers vanity, separate toilet plus full size walk in robe. The designer kitchen is a delight, the large island bench is popular for gatherings and easy mealtimes and the overall aesthetic will take your breath away. The butlers pantry adds a nice splash of colour and eases work to the kitchen zone. An appealing open plan concept adjoins the under main roof alfresco which all overlooks tranquil grounds. In all, four bedrooms plus builtin study nook. Main bathroom has floor to ceiling tiles plus adjoining Powder room nook. No cost has been spared for this amazing home. Custom extended features include Upgraded insulation doubleglazing windows ENERGY RATING 6.8 star plus Walk in linen Loads of storage space Ducted heating Refrigerated Cooling Higher ceilings with square set finishes Stone benchtops Steel frame Stainless steel appliances Side access Garden shed and water tank Established gardens Turfed lawns Paving on 4 sides of house Winter sunsets are great Country style fencing with front and side gates Located on a considerable 2054m2 allotment approximately, fully serviced level land with town water, sewerage underground electricity. New Build in 2023. Disclaimer We have obtained all information in this document from sources we believe to be reliable however, we cannot guarantee its accuracy. Prospective purchaserslessees are advised to carry out their own investigations."
Below are some similar properties in the area you may be interested in.
-
82.5%
-
-
-$340,000
-$25,821
2.5%
1.7%
-15.7%
6.0%
Asking Price
$840,000
Estimated Purchase Price
$875,000
Stamp Duty
$47,570
Transfer Fee
$2,153
Conveyancing
$1,196
Deposit (10%)
$87,500
Reg. Mortgage
$129
LMI Premium
$24,950
Renovation Costs
-
Total Cash/Equity Required
$164,047
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$21,840
$31,085
Property Management
+7.7% PA
$1,682
$2,394
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
$15,088
$22,076
Interest Repayments
$51,975
$51,975
Net Cashflow Before Tax
-$36,887
-$29,899
Depreciation
-
-
Tax Offset
-$11,066
-$8,970
Net Cashflow After Tax
-$25,821
-$20,929
Assumptions
Year 1
Year 10
Property Value
6.8%
$571,380
$1,032,919
Loan Balance
I.O
$787,500
$787,500
-$216,120
$245,419
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
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