$660K
$110,608
"Nestled in the desirable Grandview Estate, this beautifully crafted Orbit Homes build offers a blend of modern design and functional living. Set on a 568m approx. block, this 4bedroom, 2bathroom residence boasts a striking faade with a combination of red bricks, white render, and a sleek black feature garage door. Upon entry, you are welcomed by a cozy lounge room, perfect for quiet relaxation or as a formal sitting area. The homes heart is the openplan living area, seamlessly connected to the kitchen and dining space, and featuring a warm wood fire, ideal for creating a cozy atmosphere during cooler months. The kitchen is a chefs dream, boasting dark cabinetry, a feature barn door leading to a spacious walkin pantry, and ample room for meal preparation and storage. The master suite is a private retreat, complete with a walkin robe and a stylish ensuite, both enhanced by a chic barn door. The entry hallway includes a convenient study nook, perfect for working from home or studying. Three additional bedrooms are located close to the family bathroom, offering comfort and privacy, with the added convenience of a large powder room. 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. Additional features include ducted heating, cooling, 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 0472 836 945."
Below are some similar properties in the area you may be interested in.
-
85.4%
$590K
4.6%
-$90,000
-$13,821
3.8%
2.7%
-12.2%
6.0%
Asking Price
$660,000
Estimated Purchase Price
$610,000
Stamp Duty
$31,670
Transfer Fee
$1,533
Conveyancing
$1,196
Deposit (10%)
$61,000
Reg. Mortgage
$129
LMI Premium
$17,393
Renovation Costs
-
Total Cash/Equity Required
$113,471
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
$1,843
$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
$16,490
$24,076
Interest Repayments
$36,234
$36,234
Net Cashflow Before Tax
-$19,744
-$12,158
Depreciation
-
-
Tax Offset
-$5,923
-$3,647
Net Cashflow After Tax
-$13,821
-$8,510
Assumptions
Year 1
Year 10
Property Value
6.8%
$555,360
$1,003,959
Loan Balance
I.O
$549,000
$549,000
$6,360
$454,959
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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 Days of Supply
Sold Price
Asking Price