$620K
$103,928
"Presenting a crisp and clean colour pallet, this near new, Orbit built home offers low maintenance living within easy reach of the Lancefield Village and the wider Macedon Ranges. Beyond the welcoming facade and fresh landscaping, the home offers a flexible floorplan, with comfort at the heart of the conscious design. A carpeted lounge room immediately greets guests upon entry, and lends perfectly towards formal living or a home office space. Wandering further into the home, an expansive and open plan living precinct comes into view. Presenting deep stone benchtops, stainless steel appliances and a complementing walk in pantry, this is the perfect kitchen to enjoy entertaining at home. Spanning from the kitchen, the tiled dining and living. area invites lounging of all scales, with the inclusion of a split system to keep you comfortable all year round. Step outside and beyond the covered alfresco area, to enjoy the freshly turfed backyard. Perfectly low maintenance, there is an abundance of space to relish sunny afternoons and family barbecues. Rear access is made easy, with double side gates. Accomodation is comfortably catered by a large master bedroom, positioned at the rear of the home to enjoy sunlit views of the backyard. A complementing ensuite and walk in wardrobe complete the picture, and make the perfect parents hideaway. Three additional guest bedrooms are spread throughout the residence, all of which are carpeted and offer built in robes. The family bathroom is located within easy reach of hub of the home, and offers a seperate toilet and nearby access to the oversized laundry. Additional features include ducted heating, split systems, a double car garage and gated rear access. Located in the stunning Macedon Ranges, the village of Lancefield is just 70km north of Melbournes CBD, half an hour to Melbourne Airport and 25 minutes away from Kilmore, Kyneton, Clarkefield or Riddells Creek Railway Stations. For more information please contact Chloe Brinkhuis on 0428 875 589"
Below are some similar properties in the area you may be interested in.
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71.1%
$590K
4.6%
-$55,000
-$13,373
3.8%
2.6%
-12.5%
6.0%
Asking Price
$620,000
Estimated Purchase Price
$575,000
Stamp Duty
$29,570
Transfer Fee
$1,451
Conveyancing
$1,196
Deposit (10%)
$57,500
Reg. Mortgage
$129
LMI Premium
$16,395
Renovation Costs
-
Total Cash/Equity Required
$106,791
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
$1,843
$2,405
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
$15,050
$22,027
Interest Repayments
$34,155
$34,155
Net Cashflow Before Tax
-$19,105
-$12,128
Depreciation
-
-
Tax Offset
-$5,731
-$3,638
Net Cashflow After Tax
-$13,373
-$8,490
Assumptions
Year 1
Year 10
Property Value
6.8%
$555,360
$1,003,959
Loan Balance
I.O
$517,500
$517,500
$37,860
$486,459
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2021 Population
Suburbs
Health Care and Social Assistance - 12.0%
Retail Trade - 11.0%
Education and Training - 11.0%
Construction - 9.0%
Others - 57.0%
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