$675K
$113,471
"Grandview Estate offers its residents easy walking access to the historic and tree lined High street where you will find a host of cafes and restaurants, art and antique stores, and retail offerings. All set amongst a number of enchanting 19th century buildings. As Lancefield is quickly becoming a popular location for wine growers, many excellent cellar doors have also been popping up in recent times. For the everyday needs of your family, Grandview estate is an easy commute to a variety of educational, medical and other social services. A 15 minute drive to Clarkefield provides a direct train service to the Melbourne CBD. Its never been a better time for you first home buyers to get into the market with this outstanding value for money house and land package offering from the Victorian House Land Specialists Our fixed price home and land packages include all the housing luxuries, so there are no hidden extras. TURNKEY INCLUSIONS 7 STAR RATING AND NEW NCC REQUIREMENTS INCLUDED FIXED PRICE SITE COSTS FIXED PRICE ROCK COSTS 900MM APPLIANCES 20MM CAESARSTONE BENCHTOP TO KITCHENENSBATH DISHWASHER TILES SHOWER BASES FLOORING THROUGHOUT 3 COATS PAINTING TO INTERNAL WALLS BLOCKOUT ROLLER BLINDS 2 SPLIT SYSTEM GAS DUCTED HEATING LED DOWNLIGHTS LANDSCAPING TO REAR PLUS FRONT LETTERBOX CLOTHESLINE FENCING REMOTE CONTROL TO GARAGE DOOR FLYSCREEN TO WINDOWS AND SLIDING DOOR. AND SO MUCH MORE. Land is available at the time this publication was advertised. kindly enquire with agent for availability. The price does not include transfer duty, settlement costs, community infrastructure levies imposed, or any other fees or disbursements associated with the settlement of the land. Building Construction price is subject to additional design guidelines travel when applicable. Base price includes standard brick faade. Priceinformation is subject to change without notice. Images are for illustration purpose only and house is to be constructed. Property Code 6246"
Below are some similar properties in the area you may be interested in.
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85.4%
$590K
4.6%
$10,000
-$12,093
4.3%
3.2%
-10.4%
6.0%
Asking Price
$675,000
Estimated Purchase Price
$625,000
Stamp Duty
$32,570
Transfer Fee
$1,568
Conveyancing
$1,196
Deposit (10%)
$62,500
Reg. Mortgage
$129
LMI Premium
$17,821
Renovation Costs
-
Total Cash/Equity Required
$116,334
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$27,040
$38,486
Property Management
+7.7% PA
$2,082
$2,963
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
$19,850
$28,858
Interest Repayments
$37,125
$37,125
Net Cashflow Before Tax
-$17,275
-$8,267
Depreciation
-
-
Tax Offset
-$5,183
-$2,480
Net Cashflow After Tax
-$12,093
-$5,787
Assumptions
Year 1
Year 10
Property Value
6.8%
$678,180
$1,225,988
Loan Balance
I.O
$562,500
$562,500
$115,680
$663,488
Did you know you need to engage a conveyancer when buying a property?
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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